1502 61st Ave
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 |
|---|---|---|---|
| Apr 22, 2025 | Sold | ||
| Sold | |||
| Mar 20, 2025 | Listed | $485,000 | |
| Listed | |||
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Thoughtfully cared for, single owner, ranch style home. Relax and take a deep breath because all the big-ticket items have recently been taken care of! Newer Anderson windows and sliding backdoor, garage door opener, 6-month-old water heater, A/C, furnace, class 4 high impact roof, extended front porch, extended back porch with gazebo and flagstone area with built-in seating! This clean and welcoming open floorplan welcomes you with soaring vaulted ceilings, art nooks and decorative ledges. Spacious kitchen with large pantry. Main level laundry room. Partially finished basement.
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| Jan 6, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017