1396 Gustav Ave
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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 |
|---|---|---|---|
| Sep 23, 2024 | Sold | ||
| Sold | |||
| Aug 17, 2024 | In contract | - | |
| In contract | |||
| Jul 31, 2024 | Price Increased |
$509,900
↑ $140K
(37.8%) | |
| Price Increased | |||
| Aug 25, 2020 | Sold | ||
| Sold | |||
| May 27, 2020 | Listed by WEICHERT CO REALTORS | $375,000 | |
| Listed by WEICHERT CO REALTORS | |||
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Location, Location, Location!!! Nicely updated 3 Bedroom, 2 Full Bath Home, close to Public Transportation and Highway access providing quick commute to NY in a NJ Suburb. With its Own Entrance Flat on the ground, Full Bath, Living area and Bedroom on the First Level this home could easily be converted to include an En-Law suit, a place for a roommate or the ultimate hang out area!! This home truly has a place for everyone!!! The Kitchen and Both Baths have been beautifully updated. O and do you like to entertain, check out the nice size flat back yard!!! Easy to show, visit today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017