1403 Bailey 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 |
|---|---|---|---|
| Nov 4, 2020 | Sold | ||
| Sold | |||
| Jul 3, 2020 | Listed by Realty Associates | $290,000 | |
| Listed by Realty Associates | |||
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Property conveniently located where Downtown, Midtown, and Montrose meet! Close to restaurants, shopping, running trails, and entertainment. The house is well maintained and move-in ready! The kitchen is complete with stainless steel appliances, granite counters, and white cabinets with hardware. Wood flooring throughout the house and solid oak stairs. Recessed lighting and recent interior paint. No HOA/No Maintenance Fees. 2 car garage, plus extra parking on driveway.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017