1615 POSEN AVE
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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%.
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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 5, 2022 | No longer available | - | |
| No longer available | |||
| Jul 21, 2022 | Listed by The GRUBB Company | $1,985,000 | |
| Listed by The GRUBB Company | |||
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Dana S. Cohen - 510-813-0321 - If living close to urban conveniences is near the top of your list, you won’t find a better location than this! Leave your car at home and head out your door to some of the best dining, shopping and coffee that this sought-after Northbrae area has to offer. Period finishes combine with contemporary updates and sun-drenched rooms for comfortable living and memorable entertaining in this charming Craftsman. The light-filled living room has a coffered ceiling and large fireplace flanked by windows and built-ins. The adjoining dining room is the spot for hosting holiday feasts.The eat-in kitchen is fully equipped with a 5-burner gas range with chimney hood, farm sink and Miele dishwasher. 4 bedrooms and 3 full baths offer a variety of options for your household. Wonderful low-maintenance outdoor living begins with the covered patio, perfect for dining al fresco, a sports table and entertaining. One can imagine lounge chairs for sunbathing or star gazing on the deck above. The manager has listed the unit size as 2064 square feet.
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| Aug 16, 2016 | Sold | ||
| Sold | |||
| Jul 6, 2016 | Listed by COMPASS | $1,195,000 | |
| Listed by COMPASS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017