1501 Wayne Street
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%.
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 14, 2022 | Sold | ||
| Sold | |||
| Jun 8, 2022 | Listed by Aspire Investments LLC | $275,999 | |
| Listed by Aspire Investments LLC | |||
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Restored and Renovated..This home is small but mighty. Enjoy hosting friends and family in a large living room with gorgeously refinished hardwood floors. Those same floors are throughout the home. The kitchen is ready for cooking gourmet meals with a gas range and a full stainless steel appliance package, fridge included. Don’t overlook those sparkling quartz countertops which complete the eat-in kitchen. Both fully renovated bathrooms are adorned with polished subway tile and a shower niche with hexagon tile. The ensuite bath is ready for relaxing showers followed by cuddling up with a book in the sitting area of your spacious master bedroom. Enjoy summer bar-b-ques in a backyard big enough for a pool. And if that not enough, there is a 10x12 workshop in addition to 2 storage sheds in the backyard. Search no further, this home check offs all the boxes.
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| Mar 4, 2022 | Sold | ||
| Sold | |||
| Feb 20, 2022 | Listed by The Property Shop | $175,000 | |
| Listed by The Property Shop | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017