1406 Scott Street
About This Property
Several essential updates have been made to the house, including a new HVAC system and hot water heater, ensuring comfort and energy efficiency. The roof is approximately 12 years old, which means it still has plenty of life left and offers peace of mind to the new homeowners.
There are so many standout features of this property - extra-large mud/utility room, 2-car detached garage, carport and two sheds, offering plenty of storage options. The fully fenced back yard is adorned with beautiful shade trees, creating a serene and peaceful atmosphere. The beautiful pecan trees not only provide shade but also add to the overall charm of the 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 |
|---|---|---|---|
| Mar 21, 2024 | Sold | ||
| Sold | |||
| Feb 24, 2024 | In contract | - | |
| In contract | |||
| Jan 7, 2024 | No longer available | - | |
| No longer available | |||
| Jan 6, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - | $215,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - | |||
| Dec 19, 2023 | Price Decreased |
$225,000
↓ $3K
(1.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017