133 BLANCO Street
About This Property
Originally the 2nd-story was a small house sitting at the front of the lot. Current owner built masonry 1st floor and set the house on top before completing front and back decks, outside stairs and huge (and tall) carport measuring 29'9 x 18'3 with 11' of height. A covered storage area and a secure one are tucked under the exterior stairway. 1st floor has been used as a workshop with a water closet (easy to make full bath since plumbing is all there), lots of windows and a wall unit for conditioned air. Presently there's no interior stair to join to the upstairs but a spiral is easily installed and won't get in the way. Upstairs there's a wonderful deck (20' x 10') with an awning in case of a shower. So private thanks to the trees, you can enjoy al fresco dining all year round. Living, dining and kitchen are all open to each other so conversation can continue as you cook. The front bedroom has direct access to a bathroom which also opens into the living area for your guests' convenience. Black and white checkered tile countertops in the kitchen and white floor tile present a retro flavor and the small bar has room for a couple of stools. The back bedroom has a full bath across the hall and a 10-light frosted glass door gives this part of the house privacy from the front. A utility closet has a stack washer/dryer next to the bathroom. Open the back door and there's another terrific deck with awning overlooking the patio below. Oh, the patio - beautifully bricked and landscaped with low maintenance plants. A picnic table is waiting for your first party along with a rustic fire pit. An antique door on a track acts as a privacy screen as well as being lovely. You'll find a delicate iron gate and curved wooden gate separating the spaces and your pup can frolic safely thanks to the fence. Important info: the ceilings are 7' (great for energy efficiency). HVAC replaced in 2013. Sweet!
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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 3, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | Listed by FIRST COAST SOTHEBYS INTERNATIONAL REALTY | $499,000 | |
| Listed by FIRST COAST SOTHEBYS INTERNATIONAL REALTY | |||
| Nov 4, 2014 | Sold | ||
| Sold | |||
| Jul 25, 2014 | Listed by FIRST COAST SOTHEBYS INTERNATIONAL REALTY | $229,000 | |
| Listed by FIRST COAST SOTHEBYS INTERNATIONAL REALTY | |||
| Oct 14, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017