13 Michigan Ter
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 12, 2024 | Sold | ||
| Sold | |||
| Feb 21, 2024 | In contract | - | |
| In contract | |||
| Feb 14, 2024 | Listed by Apex Realty Group, LLC | $470,000 | |
| Listed by Apex Realty Group, LLC | |||
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Investment opportunity awaits in this fixer-upper with immense potential. Unleash your creativity on this diamond in the rough, featuring spacious rooms, huge backyard and a great Lynn Location. Renovation enthusiasts, roll up your sleeves and transform this property into a personalized haven. With vision and TLC, this distressed gem could become a captivating home! Opportunity knocks for those ready to embark on a rewarding renovation journey. Minutes away from shopping, schools, restaurants and major routes. Property sold as is.
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| Dec 5, 2006 | Sold | ||
| Sold | |||
| Oct 21, 2005 | Listed by Century 21 North East | $279,000 | |
| Listed by Century 21 North East | |||
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Large Colonial on double lot features 4 bedrooms, 2 full baths, hardwood floors and wall to wall carpeting. Beautiful yard and 1 car garage. A little paint and wallpaper will make this home perfect for a large family, VERY MOTIVATED SELLER.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017