1618 Adee Avenue
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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 |
|---|---|---|---|
| Mar 21, 2024 | Sold | ||
| Sold | |||
| Jan 24, 2024 | In contract | - | |
| In contract | |||
| Nov 22, 2023 | Listed by RE/MAX Distinguished Hms.&Prop | $599,900 | |
| Listed by RE/MAX Distinguished Hms.&Prop | |||
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Come home to this move in ready single family home in the Pelham Parkway section of the Bronx. This home has a three bedroom, two full bath duplex over an attached garage and finished room on lower level, home has had many updates over the years and is in excellent condition. The main level has a living room, dining room and kitchen, and three bedrooms and a full bathroom on the top level. This home has a private driveway and a one car garage, and a nice sized backyard. Perfect location! Short distance to #5 Gun Hill Rd Train Station as well as minutes away from the i-95 New England Thruway. You can commute into Manhattan, Queens, Long Island or even Connecticut in a matter of minutes. This home has a a private driveway and garage but there is also plenty of street parking in the area. Contact your agent for 20+ photos and floor plans.
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| Nov 8, 2023 | Listed by RE/MAX Distinguished Hms.&Prop | $599,900 | |
| Listed by RE/MAX Distinguished Hms.&Prop | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017