165 Derby Street
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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 |
|---|---|---|---|
| Sep 5, 2024 | Sold | ||
| Sold | |||
| Aug 1, 2024 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | Listed by LAFFEY REAL ESTATE | $549,000 | |
| Listed by LAFFEY REAL ESTATE | |||
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Welcome to the Village of Valley Stream ! Located in the Gibson Section this wideline Cape Cod on a 51 x 98 lot is waiting for you to renovate and create your new stunning home . The first floor consists of a livingroom, formal diningroom with access to a large rear covered porch, Kitchen, two bedrooms and a brand new full bathroom. The second floor has two bedrooms..one which is finished and one which is partially finished. This prime mid block location has a large open backyard and a detached oversized 1.5 car garage. Derby Street is near shopping and major highways and located in the Valley Stream School District #24. Don't miss this incredible opportunity.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017