1501 Sweet Avenue
About This Property
Classic 2-story home. Yes, it needs a hug, but it has potential inside. Main floor primary and bath with 2 spacious bedrooms upstairs. Potential 4th bedroom by bathroom currently used as storage. Basement laundry. Walkout access to back yard. (basement is partially concrete) Fresh paint has brightened several rooms. Frig & any fencing or fence poles are Reserved. Stove and washer stay. With your vision, this home has great potential to finish the updates the seller has started. Recent electrical service update to 200 amp. Start your journey today!
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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 |
|---|---|---|---|
| Jun 30, 2023 | Sold | ||
| Sold | |||
| Dec 7, 2022 | Listed by COPP & COMPANY REAL ESTATE LLC | $24,900 | |
| Listed by COPP & COMPANY REAL ESTATE LLC | |||
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Classic 2-story home. Yes, it needs a hug, but it has potential inside. Main floor primary and bath with 2 spacious bedrooms upstairs. Potential 4th bedroom by bathroom currently used as storage
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| Nov 22, 2022 | Sold | ||
| Sold | |||
| Jun 18, 2022 | Listed by ERA REARDON REALTY, L.L.C. | $40,000 | |
| Listed by ERA REARDON REALTY, L.L.C. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017