163 George St
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 30, 2024 | Sold | ||
| Sold | |||
| Oct 26, 2023 | In contract | - | |
| In contract | |||
| Oct 12, 2023 | Listed by Westcott Properties | $335,000 | |
| Listed by Westcott Properties | |||
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Discover 163 George Street in Warwick's desirable Norwood neighborhood. This three-bedroom ranch offers 1,180 sf of single-story living, featuring an open floor plan, eat-in kitchen, living area with fireplace, and hardwood floors. The semi-finished basement includes a full bath and laundry. Outside, enjoy a maintenance-free exterior on a 17,114 sq. ft. shaded lot with a large deck, two-car garage, and a 4-month-old furnace. Conveniently located: 12 minutes to Garden City, 10 to the airport, and moments from Post Road's amenities. Cosmetic upgrades needed, but the ROI potential is significant. Option available to purchase two additional lots (19,200 sq. ft.) MLS# 73169803. A prime opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017