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1481 Stadium Avenue
About This Property
Highlights include four ductless air-conditioning units, central air conditioning, a gas grill hookup, new stone pavers, recessed lighting, recently painted, and a roof replaced in 2016. The approximately 700-square-foot lower level offers a multi-purpose space, with bar area, full bathroom, living room with sliding doors to the private fenced-in backyard. The deck and backyard provide ample space for outdoor relaxation and entertaining, while the driveway accommodates two cars. Conveniently located near parks, the waterfront, shops, schools and major highways. A real gem! Not to be missed!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 15, 2026 | Listed by Silversons Realty, LLC | $789,000 | |
| Listed by Silversons Realty, LLC | |||
| Sep 13, 2023 | No longer available | - | |
| No longer available | |||
| Jun 23, 2023 | Price Decreased |
$780,000
↓ $18K
(2.3%) | |
| Price Decreased | |||
| May 31, 2023 | Price Decreased |
$798,000
↓ $20K
(2.4%) | |
| Price Decreased | |||
| May 12, 2023 | Listed by Silversons Realty, LLC | $818,000 | |
| Listed by Silversons Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017