1407 Southern Court
About This Property
Check out this freshly remodeld home that has 3 Bedrooms, a 2 Car garage and bathroom. this great open concept living and dining with eat in kitchen. Enjoy the very spacious backyard with plenty of room for a pool or anything else! Enjoy your mornings on the deck. This would make a great starter house, investment property, or for anyone looking to downsize!
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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 |
|---|---|---|---|
| Jun 6, 2025 | Sold | ||
| Sold | |||
| May 12, 2025 | In contract | - | |
| In contract | |||
| May 1, 2025 | Listed by Fathom Realty, LLC | $226,000 | |
| Listed by Fathom Realty, LLC | |||
| Dec 3, 2021 | Sold | ||
| Sold | |||
| Oct 20, 2021 | Listed by RE/MAX Trinity | $225,000 | |
| Listed by RE/MAX Trinity | |||
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Great starter home with 3 beds, 1 bath and 2 car garage. Open living and dining with eat in kitchen. Updates include new laminate flooring, all new paint and new ceramic tiling in the bathroom. Outside features a fenced in backyard, above ground pool with new deck and deck cover. Playset outback will stay. This one won't last long! Professional pictures coming soon.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017