1405 Xavier St
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 3, 2024 | Sold | ||
| Sold | |||
| Apr 3, 2024 | Listed by MODUS Real Estate | $650,000 | |
| Listed by MODUS Real Estate | |||
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This fully remodeled move-in ready, dual income gem is waiting for you to make it your own! Perfect for a new homebuyer that would like to earn revenue from their primary residence or seasoned investor looking for a turn key rental with a lock off basement unit. Airdna projects the monthly income between $3,500 - $4,700 per month. The updated, spacious floor plan makes the entertaining areas feel larger with it's high-end finishes. The kitchen is lined with pristine white shaker cabinets, farmhouse sink, gorgeous quartz counters, decorative backsplash, and stainless steel appliances to create the ultimate space to host friends and family. The bedrooms are flooded with natural light and allow easy access to the fully remodeled bathroom. A spacious flex space, opening into the backyard patio and yard would serve great as an office or workout room. More features include a new sewer line, furnace, AC unit, and double pane windows! An 821 square feet Lock-off unit to the basement allowing for dual income cash-flowing rental. This two bed, one bath basement includes kitchenette, living room, office with its own exterior entrance.
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| Feb 14, 2024 | Sold | ||
| Sold | |||
| Aug 24, 2023 | Listed by MODUS Real Estate | $630,000 | |
| Listed by MODUS Real Estate | |||
| Dec 22, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017