1405 Park Avenue
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 |
|---|---|---|---|
| May 4, 2021 | Sold | ||
| Sold | |||
| Feb 24, 2021 | Listed by O'Brien Realty, LLC | $330,000 | |
| Listed by O'Brien Realty, LLC | |||
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Come see this renovated home in a great neighborhood that is conveniently located near parkway and local beaches of Bay Head or Point Pleasant. Just move in and unpack. This freshly painted home features new bathrooms, kitchen, flooring, and new electrical upgrades, it's almost like new! The eat-in kitchen offers new fingerprint proof stainless appliances, Quartz counter top, and Kohler stainless sink and finishes. You'll find spacious living spaces in this perfect starter home or downsize for easy living. Electric has been upgraded to 200 amp service. There is also a full partially finished basement that can be customized to your liken. Possible 3rd bedroom/Office in rear of home or make it a cozy sitting room with great natural light. Great backyard space for outdoor entertaining.
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| Jun 19, 2020 | Sold | ||
| Sold | |||
| Apr 17, 2020 | Listed by Real Estate, LTD | $215,000 | |
| Listed by Real Estate, LTD | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017