1325 Iola St
About This Property
The lower level offers an additional 3 bedrooms, a fully equipped kitchen, and a full bathroom, providing a great option for a multi-generational household or the potential to rent out the basement for additional income.
Conveniently located near 225 and popular shopping centers, this home is ideal for those who value both accessibility and the comfort of nearby amenities.
Whether you're looking to settle down or invest, this property checks all the boxes! Don't miss out on this fantastic opportunity
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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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Oct 31, 2024 | In contract | - | |
| In contract | |||
| Oct 10, 2024 | Relisted | $450,000 | |
| Relisted | |||
| Sep 23, 2024 | In contract | - | |
| In contract | |||
| Sep 20, 2024 | Listed by Keller Williams Realty Downtown LLC | $450,000 | |
| Listed by Keller Williams Realty Downtown LLC | |||
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*AS-IS* Welcome to this spacious home offering incredible potential for both comfortable living and investment opportunities! Featuring 3 bedrooms upstairs and 1.5 bathrooms, this residence is perfect for growing families or those who enjoy having extra space. The upstairs layout flows into a bright living area and a cozy kitchen, creating a warm, inviting atmosphere.
The lower level offers an additional 3 bedrooms, a fully equipped kitchen, and a full bathroom, providing a great option for a multi-generational household or the potential to rent out the basement for additional income.
Conveniently located near 225 and popular shopping centers, this home is ideal for those who value both accessibility and the comfort of nearby amenities.
Whether you're looking to settle down or invest, this property checks all the boxes! Don't miss out on this fantastic opportunity
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017