1506 3rd 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 |
|---|---|---|---|
| Sep 6, 2024 | Sold | ||
| Sold | |||
| Aug 15, 2024 | In contract | - | |
| In contract | |||
| Jul 28, 2024 | Listed by Bennion Deville Homes | $280,000 | |
| Listed by Bennion Deville Homes | |||
| | |||
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Charming One-Bedroom Home with Prime Location. This cozy one-bedroom, one-bathroom residence offers the perfect blend of comfort and convenience. Freshly painted and move-in ready. Step outside to enjoy a spacious, well-maintained yard, ideal for gardening. The property also includes a gated parking space, ensuring your vehicle is secure and easily accessible. Upgraded windows and two mini splits. Located steps away from the vibrant and renewed 6th Street area, you'll have everything you need right at your fingertips. Enjoy your mornings with a cup of coffee from a nearby cafe, dine at a variety of local restaurants, and take advantage of the proximity to the library, city hall, and a beautiful park. Schedule a viewing today and make this delightful home yours!
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| Jan 15, 2020 | Sold | ||
| Sold | |||
| Oct 9, 2019 | Listed by Realty World Coachella Valley | $140,000 | |
| Listed by Realty World Coachella Valley | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017