1550 Creston Road
About This Property
This home features a very spacious and open floor plan with a large living room with brick fireplace, adjoining dining room with those amazing views I mentioned, and a huge open kitchen space. Two bedrooms, 2 baths and interior laundry, all situated on a HUGE 9,200, leaving plenty of space to add-on if desired.
Bring your imagination and create a fresh new look to match the fantastic views this one offers! Priced to sell As-Is. Seller has current appraisal at $350k. This home is NOT under the area CCR's, as current owner opted out.
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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 |
|---|---|---|---|
| Aug 3, 2018 | Sold | ||
| Sold | |||
| Jun 27, 2018 | Listed by Brian Hicks Real Estate Group | $350,000 | |
| Listed by Brian Hicks Real Estate Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017