13730 Eldridge Avenue
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jul 29, 2019 | Sold | ||
| Sold | |||
| Apr 25, 2019 | Listed by NextHome Luxe Group | $600,000 | |
| Listed by NextHome Luxe Group | |||
| Dec 25, 2018 | No longer available | - | |
| No longer available | |||
| Dec 17, 2018 | Listed | $450,000 | |
| Listed | |||
| | |||
|
Investors or anyone wanting to take on a project and has the cash, Call Martin and Bea Laufer at 818-335-5457 to see this property with loads of potential. The lot size is large enough to allow for an Auxiliary Dwelling Unit and the detached garage is the perfect place to start. The house and garage both need a new roof, and the central heating unit has been removed, so obtaining a loan will be very hard to do. Hard money private lender loans with no appraisal would be the ticket. The house is owner occupied but this property is in need of repairs. The whole house needs new paint, remodeled bathrooms, new plumbing, and remodeled kitchen, but the structure is sound and the repairs are mostly cosmetic. There is gated RV access from the rear alley which provides the required off street parking. The area is a quiet neighborhood of single family homes, and there is easy freeway access on Polk Street. This kind of opportunity rarely comes around so don't miss out. Call or text 818-335-5457 to arrange a private showing. The manager has listed the unit size as 1477 square feet.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017