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1325 Prospect Avenue
About This Property
The renovated basement, complete with a full bathroom and private entrance, offers a versatile space for recreation. The front provides generous space for bike and stroller storage or a charming garden, while the backyard is a captivating escape, boasting a deck and a designated gardening area perfect for leisure and entertainment.
Conveniently located, La Paddock is just up the block, and the Adirondacks bar is right across the street, enhancing the vibrant neighborhood vibe. The F & G subway lines are a mere stone's throw away, ensuring easy access to the city and across Brooklyn. Moreover, the proximity to Prospect Park and its tennis courts offers nearby options for outdoor enjoyment and activities.
Awaiting its next owners, this property is more than just a house; it's a warm and inviting home that seamlessly blends past elegance with the promise of future beauty.
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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 |
|---|---|---|---|
| May 24, 2024 | Sold | ||
| Sold | |||
| Mar 19, 2024 | In contract | - | |
| In contract | |||
| Dec 28, 2023 | Listed by Compass | $1,800,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017