159 East Broadway
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 |
|---|---|---|---|
| Dec 17, 2024 | Sold | ||
| Sold | |||
| Nov 6, 2024 | In contract | - | |
| In contract | |||
| Nov 4, 2024 | Relisted | $497,000 | |
| Relisted | |||
| Oct 23, 2024 | In contract | - | |
| In contract | |||
| Oct 15, 2024 | Listed by Diamond Key Real Estate | $497,000 | |
| Listed by Diamond Key Real Estate | |||
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East Broadway home at a fantastic price! Well-maintained with pride of ownership. This original owner has made several improvements, including vinyl siding, replacement windows, roof, & a spacious 16x19 deck. New hot water heater. Walk-out basement, with knee wall providing 2 good sized windows this could be a prime area for expansion. Great location with a beautiful lot consisting of over a half acre of land. Above-ground pool and generator are included in sale. Exterior features include an abundance of parking, patio area, & deck. Fully applianced eat-in kitchen. Versatile floor plan offering space for a 1st floor bedroom, if needed, along with a full bath on the 1st floor. Second floor consists of 3 rooms, full bath & front-to-back primary bedroom. Located in the very popular Riverside area. Convenient to major roads, shopping, & stadium, yet still a feeling of country living. First showings at Open House on Sat 10/19, 11-1. Offers due by Mon 10/21, 5pm. Decision by Wed 10/23, 5pm.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017