137 Main Street
About This Property
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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 |
|---|---|---|---|
| Jun 24, 2022 | Sold | ||
| Sold | |||
| Apr 6, 2022 | Listed by RE/MAX Presidential | $349,000 | |
| Listed by RE/MAX Presidential | |||
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VILLAGE HOME LOCATED ON MAIN STREET IN CONWAY VILLAGE. Home has been used commercially on the first floor with its own two bedroom, two bath apartment on the second and third floor. Home could easily be converted back to a single family residence or continue to be used as a two unit rental property. Newer roof, town water and sewer, and detached two car garage. Walk to everything. The kids will have no excuse to be late to school. Showings begin on Monday, April 11, 2022.
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| Aug 31, 2020 | Sold | ||
| Sold | |||
| Jun 14, 2019 | Listed by RE/MAX Presidential | $189,900 | |
| Listed by RE/MAX Presidential | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017