1502 Nicholson St
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 |
|---|---|---|---|
| Mar 28, 2024 | Sold | ||
| Sold | |||
| Feb 27, 2024 | In contract | - | |
| In contract | |||
| Feb 19, 2024 | Listed by Nan & Company Properties | $1,050,000 | |
| Listed by Nan & Company Properties | |||
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This classic Heights home fuses charm with modern comforts. Boasting 3 bedrooms, 2.5 bathrooms and hardwood floors throughout, this residence blends timeless elegance w/modern functionality. A home office provides versatility for remote work or creative pursuits and the spacious primary retreat features a luxuriously updated bath w/ dual vanities, a freestanding tub and frameless glass shower. The gourmet kitchen adorned with 2 breakfast bars and a new 5-burner gas range, invites culinary exploration and is open to the family room. Entertain in the light filled adjacent dining area or step outside to the manicured outdoor spaces of this corner lot. Across the street, the hike and bike trail and a neighborhood park offer a perfect escape into nature and the proximity to 19th Street's boutiques and cafes provides urban conveniences at your doorstep. New LG stackable washer and dryer included. This residence perfectly captures the architectural essence of a historic Heights home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017