140 First 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 |
|---|---|---|---|
| Feb 2, 2024 | Sold | ||
| Sold | |||
| Jan 10, 2024 | In contract | - | |
| In contract | |||
| Jan 4, 2024 | Listed by Lamacchia Realty, Inc. | $309,900 | |
| Listed by Lamacchia Realty, Inc. | |||
| Jun 30, 2008 | Sold | ||
| Sold | |||
| Jan 29, 2008 | Listed by Blue Point Realty, LLC | $85,500 | |
| Listed by Blue Point Realty, LLC | |||
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SOLD "AS IS" Pre qualification or proof of funds (for cash offers) must be submitted w/ all offers or offer will be rejected. Buyer to sign seller's addendum, no changes allowed to this addendum. Please allow up to 72hours for offer response. Buyer must return signed P&S to the seller w/in 48 hours of acceptance or offer will be rejected. $1000.00 required with all offers. (Certified funds are required with P&S).
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017