1488 Kensington Avenue
About This Property
the living room, complete with a fireplace. At the rear of the house, the Florida room provides a charming
space to gaze out into the sizable backyard. Additionally, you can enjoy stargazing from the covered top balcony during the night. The property features a newer roof, newer windows and hot water tank, along with a high-efficiency furnace and central air, complemented by copper water lines. This is an Estate Sale.
Property is being SOLD-AS-IS. Showings start Tuesday, January 9th. No Repairs will be done as a result of Home Inspection or Bank Appraisal.
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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 |
|---|---|---|---|
| Apr 1, 2024 | Sold | ||
| Sold | |||
| Feb 9, 2024 | In contract | - | |
| In contract | |||
| Jan 24, 2024 | Relisted | $159,128 | |
| Relisted | |||
| Jan 17, 2024 | In contract | - | |
| In contract | |||
| Jan 8, 2024 | Listed by WNY Metro Roberts Realty | $159,128 | |
| Listed by WNY Metro Roberts Realty | |||
| | |||
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Come and explore this fantastic residence situated on a spacious lot exceeding 6,000 square feet. Boasting 3 bedrooms, with one conveniently located on the first floor, and 1.5 baths, this home offers a well-designed layout. The expansive kitchen is a highlight, and the formal dining room seamlessly connects to
the living room, complete with a fireplace. At the rear of the house, the Florida room provides a charming
space to gaze out into the sizable backyard. Additionally, you can enjoy stargazing from the covered top balcony during the night. The property features a newer roof, newer windows and hot water tank, along with a high-efficiency furnace and central air, complemented by copper water lines. This is an Estate Sale.
Property is being SOLD-AS-IS. Showings start Tuesday, January 9th. No Repairs will be done as a result of Home Inspection or Bank Appraisal.
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Property Highlights
Building Info
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Price/ft²
Listed On
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About North East
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Data Source: NYSAMLSs, MLS# B1514714
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017