1308 N 2nd ST
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 15, 2024 | In contract | - | |
| In contract | |||
| Oct 10, 2024 | Listed by Two Lakes Real Estate | $130,000 | |
| Listed by Two Lakes Real Estate | |||
| May 30, 2024 | No longer available | - | |
| No longer available | |||
| Apr 23, 2024 | Price Decreased |
$160,000
↓ $50K
(23.8%) | |
| Price Decreased | |||
| Feb 2, 2024 | Listed by Two Lakes Real Estate | $210,000 | |
| Listed by Two Lakes Real Estate | |||
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UPDATE - Tenant is now vacated. This home is just waiting for your personal touch! This property has a garage apartment with added income potential. Call your favorite agent to go view it today! All information deemed reliable, but not guaranteed. The manager has listed the unit size as 2056 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017