144 Phillips 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 |
|---|---|---|---|
| Aug 25, 2023 | Sold | ||
| Sold | |||
| Jul 19, 2023 | In contract | - | |
| In contract | |||
| Jul 12, 2023 | Listed by Keller Williams Elite | $549,000 | |
| Listed by Keller Williams Elite | |||
| Sep 2, 2015 | Sold | ||
| Sold | |||
| Jun 30, 2015 | Listed by Non Member Office | $349,900 | |
| Listed by Non Member Office | |||
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The old house located on the property was torn down and this new house is an entirely new stick built custom Ranch with 2 car garage. Construction is now complete and the house is move-in ready. Grass will be planted during the second week of August. There are many upgrades including wide open floor plan with cathedral ceiling - 3 bedrooms (master bedroom is 15'4 x 12) and 2 full baths. The master bath has a curbless shower with double glass doors. The custom shower includes rain-shower, granite bench, and handheld control. The washer and dryer hookup is located on the first floor outside the bedrooms. Other features - ceiling fans in all the bedrooms, hardwood floors, granite counters, wider doors, tile baths with granite, tile shower, central A/C, appliances, central vac, crown molding, and huge basement with many possibilities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017