1623 SE 3rd Avenue
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 |
|---|---|---|---|
| Jan 14, 2021 | Sold | ||
| Sold | |||
| Nov 9, 2018 | No longer available | - | |
| No longer available | |||
| Sep 18, 2018 | Relisted | $79,800 | |
| Relisted | |||
| Sep 12, 2018 | No longer available | - | |
| No longer available | |||
| Jun 11, 2018 | Listed | $79,800 | |
| Listed | |||
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Back on the Market........Investor Alert! Up to $1200 per month in rental income! This cute 5/2 home is updated and ready to move in. Owner will accept SHIP, FHA, or VA. No need to worry about carpet because this home has tile throughout. New metal roof and stainless steel appliances, upgraded electrical and bathrooms. Home has lots of windows for natural light and sits on a double lot. Zoned U3 could be used as a child care facility. Step outside and enjoy your covered patio or your over sized fenced backyard. Plenty of room for your children and pets. Great value with lots of space both inside and out. Easy access to bus stop which is in front of the house. The manager has listed the unit size as 1356 square feet.
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Property Highlights
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About North Lincoln Heights
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$1,695 /mo
- 3 Beds
- 2 Baths
- 1,107 ft²
$1,395 /mo
- 2 Beds
- 2 Baths
- 825 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017