157 OHIO AVE
About This Property
The large front yard and covered porch welcomes you home. You will enter into the bright living space. Continue through to the dining room at the heart of the home. Off the dining room area on the main level you will find two, well sized bedrooms and a full bathroom. Upstairs offers two additional bedrooms.
The large, eat-in kitchen features white cabinets and stainless steel Samsung appliances. The back door off the kitchen leads you to the screened in porch, which overlooks the fenced in yard.
The finished lower level has a full bathroom and a bonus room that would be perfect for a home office! Plenty of storage in the unfinished section of the basement. This property was fully renovated in 2017. Showings set to begin Saturday 3/12.
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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 |
|---|---|---|---|
| May 6, 2022 | Sold | ||
| Sold | |||
| Mar 11, 2022 | Listed by Compass New Jersey, LLC | $239,000 | |
| Listed by Compass New Jersey, LLC | |||
| Oct 21, 2019 | No longer available | - | |
| No longer available | |||
| Jun 20, 2019 | Price Decreased |
$189,900
↓ $5K
(2.6%) | |
| Price Decreased | |||
| May 24, 2019 | Price Decreased |
$195,000
↓ $4K
(2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017