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1357 Xavier St
About This Property
Property has been a successful short term rental unit in the past due to prime location. Separate exterior access to the basement bedrooms (large egress windows) and remodeled bathroom. Kitchenette stand in the basement. Dividing interior door to create two distinct separate interior living spaces if so desired. Easy to rent out one or both units. House hack - a great way to help offset your mortgage or perfect for an investor!
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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 |
---|---|---|---|
May 2, 2025 | Price Decreased |
$620,000
↓ $5K
(0.8%) | |
Price Decreased | |||
Apr 17, 2025 | Listed | $625,000 | |
Listed | |||
Jan 10, 2018 | Sold to Julie Hill | ||
Sold to Julie Hill | |||
Sep 4, 2015 | Sold to Derek Klingeman | ||
Sold to Derek Klingeman |
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