1548 Birch Avenue
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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 2, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| Feb 29, 2024 | Listed by Real Broker | $849,000 | |
| Listed by Real Broker | |||
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*THIS HOME QUALIFIES FOR AN INTEREST RATE BUYDOWN!* (Inquire with Agent) It's a GREAT time to take advantage of the RECENT drop in interest rates! First time on the market in over 30+ years and everything has been remodeled top to bottom! Beautifully remodeled single-story home, perfectly situated on a generous .35 acre lot! This 4-bedroom, 2-bathroom residence offers a harmonious blend of modern updates and classic charm, providing an ideal setting for comfortable living, expansion and entertaining! Step into a spacious living area that flows seamlessly into the dining and kitchen spaces. The fully updated kitchen boasts stainless steel appliances, quartz countertops and custom cabinetry. The primary bedroom offers a peaceful retreat with a stylish en-suite bathroom featuring a new vanity, walk-in shower and ample walk-in closet space. Both bathrooms have been tastefully renovated with modern fixtures and elegant finishes. The .35 acre lot provides plenty of room for outdoor activities, gardening, or even the addition of a pool or ADU. RV/Boat parking. The backyard features a spacious area, perfect for barbecues or time by the fire pit. Conveniently located close to schools, Kit Carson Park, shopping centers, and dining options, with easy access to major highways for commuting.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017