1602 Concord Street
About This Property
Living room/Kitchen Open Concept, Vaulted Ceilings with 12' Limestone Wood-Burning Fireplace. New Custom Cabinets with Huge
Island and Granite Countertops. Large Office or 4th Bedroom. Huge 3-Head Custom Shower, Landscape Lighting. Electric Entrance
Gate with Limestone Columns and Lamps. Long Driveway with 2 Car Garage and Long Custom Workbench. Electric Car Charger (240V
receptable). New 200 Amp Electrical Panel, Backyard Paradise! Custom Pool with Pebbletec Finish, Elevated Infinity Edge Hottub,
Tanning Ledge, Bar, Travertine Decking and Custom Lighting!
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Cap Rate Calculator
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 19, 2023 | Sold | ||
| Sold | |||
| Apr 12, 2023 | Listed by Flat Fee Discount Realty | $329,000 | |
| Listed by Flat Fee Discount Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017