1505 Simms Avenue
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 19, 2024 | Sold | ||
| Sold | |||
| Jul 22, 2023 | Listed by Keller Williams Frisco Stars | $349,900 | |
| Listed by Keller Williams Frisco Stars | |||
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Welcome home to this stunning, one of a kind 5 bedroom, 2.5 bathroom with unique details. Conveniently nestled in the heart of Cisco near the city park and schools, this property spans multiple city lots. Step inside to be embraced by countless desirable features including original hardwood flooring, multiple living spaces, large bedrooms and closets, a spacious den complete with a striking stone wall fireplace, and a completely remodeled upstairs bathroom. The dazzling kitchen offers an abundance of freshly painted cabinetry, a walk-in pantry, a large island that is perfect for entertaining, and a stunning breakfast nook that radiates natural light from the abundance of windows. Outside, you will enjoy features including an oversized covered front porch, a shed for extra storage space, and a paved driveway that leads up to the attached two car garage. This home truly exudes a rare combination of elegance, character, comfort, and charm. Do not miss the chance to call it home.
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| Apr 14, 2022 | Sold | ||
| Sold | |||
| Jul 22, 2021 | Listed by Trinity Ranch Land | $339,900 | |
| Listed by Trinity Ranch Land | |||
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Beautiful Historical Home with plenty of room for your family. 5 Beds, 3.5 Baths with a spacious front & backyard. The home is a living example of detail that does not exist in newer homes. Original hardwood flooring is in the 4 bedrooms upstairs. The home has a large den with fireplace, formal living area, a breakfast area & a formal dining room for those large family gatherings. Attached 2 car garage with large, paved driveway. The current owners have worked hard to keep the integrity of this house in place. Home has many recent improvements, including updated HVAC system & electrical panel boxes. Property has a shed to house yard equipment. Located close to the Cisco Middle School, High School, & City Pool.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017