1402 Avenue G
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 |
|---|---|---|---|
| Nov 10, 2023 | Sold | ||
| Sold | |||
| Aug 29, 2023 | Listed by eXp Realty, LLC | $55,000 | |
| Listed by eXp Realty, LLC | |||
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Nestled within the peaceful confines of a small town, this property encompasses two city lots totaling approximately 0.3329 acres, occupying a coveted corner position. Offering the utmost in convenience, the property is fully equipped with city utilities, ensuring ease of living. The one-car garage not only provides secure parking but also houses washer and dryer connections. For those with storage needs, two small yet functional sheds stand ready to accommodate tools, outdoor gear, or cherished belongings. Moreover, families will appreciate the property's location within the highly sought after Danbury ISD. Additionally, the property's proximity to major highways and the anticipated expansion of the grand parkway promises increased accessibility and the potential for future development, rendering this property a promising haven for those in search of the perfect blend of tranquility & modern convenience. Conveniently located within biking distance to schools, park & Main Street Cafe.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017