1501 Clover Lane
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%.
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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 |
|---|---|---|---|
| Jul 8, 2024 | Sold | ||
| Sold | |||
| Jun 13, 2024 | In contract | - | |
| In contract | |||
| Jun 11, 2024 | Listed by Williams Trew Real Estate | $650,000 | |
| Listed by Williams Trew Real Estate | |||
| Nov 25, 2020 | Sold | ||
| Sold | |||
| Sep 25, 2020 | Listed by Magnolia Realty | $479,000 | |
| Listed by Magnolia Realty | |||
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Adorable 1925 Craftsman home is jewel of the neighborhood. Owners have spent the money to make this charmer even better. Enjoy the huge porch morn and eve in this sought after neighborhood in the cultural district. 5 min to Shops at Clearfork, museums and restaruants. Curb appeal galore. Shiplap accents, marble tile baths, new insulation, stove, water heater, custom entry gate, floors refinished, new paint in and out, exterior cedar, incredible landscape, sprinkler system,plantation shutters throughout, fans, custom closet systems, flush mount speakers throughout and Stone walk. Adorable shed built on site. Pergola just added. Office or third bedroom. Bring cash or highly qualified buyers. Contact agent first
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017