1386 Ross Street
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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 |
|---|---|---|---|
| May 15, 2024 | Sold | ||
| Sold | |||
| Apr 16, 2024 | Listed by Fickling & Company Inc. | $157,500 | |
| Listed by Fickling & Company Inc. | |||
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Wonderful home with new tile in the bathroom & kitchen. New appliances in the kitchen & new paint throughout the inside. Tenant in place.
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| Jan 9, 2023 | Sold | ||
| Sold | |||
| Nov 18, 2022 | No longer available | - | |
| No longer available | |||
| Nov 12, 2022 | Listed by Realty Unlimited, LLC | $110,000 | |
| Listed by Realty Unlimited, LLC | |||
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Back on the market at no fault to the seller - buyers backed out due to financing. Previously rented out to Mercer University students for several years, this property would make for a great rental opportunity or a fantastic primary residence. It is walking distance to Mercer, Tattnall Square Park, and so many delicious restaurants! With a little TLC & your personal touch, this home could be your perfect residence!
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Address: 335 Madison Avenue, New York, NY 10017