1608 Broadway Boulevard
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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 25, 2018 | Sold | ||
| Sold | |||
| Aug 22, 2018 | No longer available | - | |
| No longer available | |||
| Aug 22, 2018 | Listed by Crossroads Realty Manchester | $142,000 | |
| Listed by Crossroads Realty Manchester | |||
| Jun 13, 2018 | Listed | $142,000 | |
| Listed | |||
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A great home for the first time home buyer or a handyman or woman. Home has great potential with dormered bedrooms on 2nd floor, eat in kitchen, dining & living room. This is the perfect home for a first time buyer and a ''fix-it mortgage'' this fix mortgage product is offered for first time home buyers and investors. Put in new baths, a new kitchen, install a new roof and have a new home. The property is 50'x200' in total. The sale includes 2 separately deeded lots. This home is set in a private setting with trees on each side. A great opportunity to gain some equity, worth the investment. There is also a great back porch for those BBQ's and rocking chair evenings.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017