15
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1500 Janann Avenue
About This Property
Offering a functional layout with comfortable living spaces, this home is perfect for first-time buyers looking to create lasting
memories or investors seeking a great opportunity with strong potential. The inviting living area flows into a practical kitchen
and dining space designed for everyday convenience. Spacious bedrooms provide flexibility for family, guests, or a home
office, while the large backyard offers plenty of room for entertaining, pets, or future improvements. Conveniently located
Continued... See Addendum Property Description 1
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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 |
|---|---|---|---|
| Nov 7, 2026 | In contract | - | |
| In contract | |||
| Oct 8, 2026 | Price Decreased |
$223,000
↓ $6K
(2.6%) | |
| Price Decreased | |||
| Oct 6, 2026 | Listed by Mark Spain Real Estate | $229,000 | |
| Listed by Mark Spain Real Estate | |||
| Oct 5, 2026 | No longer available | - | |
| No longer available | |||
| Aug 13, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017