1375 PARK PL
About This Property
This area is considered lower level and does have a basement part to this floor. The basement part has a hook up for new full bath just needs to be completed. The laundry hook up is in basement as well. Also there is enough space to create 2 bedrooms or 1 extra bedroom and one playroom. So much potential and possibilities to this space. There is a door from garage that goes to the lower level to make it easy to bring your groceries in safely and dry!
The garage is a 1 car attached and has a new garage door opener. The door from garage to outback is new as well. The main sewage line was just cleaned out, and recently the owner put up new exterior lights. Dryer and refrigerator stay. This home needs updating but is a good solid house with some of the big tickets items taken care of, just needs new home owners, so the love that was shared by my clients family in this home can be passed to yours. Seller to provide certificate of occupancy. We will not negotiate home inspection repairs. Make your appointment today. This will not last long.
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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 |
|---|---|---|---|
| Nov 25, 2022 | Sold | ||
| Sold | |||
| Oct 18, 2022 | Listed by Keller Williams Realty - Washington Township | $224,900 | |
| Listed by Keller Williams Realty - Washington Township | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017