1650 Davis Street
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%.
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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 |
|---|---|---|---|
| Oct 22, 2021 | Sold | ||
| Sold | |||
| Jul 5, 2021 | No longer available | - | |
| No longer available | |||
| Jul 4, 2021 | Listed by REDCO, Inc. | $840,000 | |
| Listed by REDCO, Inc. | |||
| Jun 12, 2021 | No longer available | - | |
| No longer available | |||
| Mar 17, 2021 | Listed by REDCO, Inc. | $849,000 | |
| Listed by REDCO, Inc. | |||
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Impressive custom and quality-built house situated on the big corner lot in wonderful Park Ridge! Full of the natural light residence features open concept living. Gourmet kitchen with plenty of cabinets, high-end JennAir SS appliances, granite countertops, and kitchen island. The kitchen opens to the family/living area with a wood-burning fireplace. Large custom french doors leading to the brick patio with gas barbeque - perfect for summer entertaining, gathering, and more. The 1st-floor bedroom, and full bathroom with tub and shower stall perfect for in-law suite. Gleaming hardwood floor throughout on both levels. The second floor offers a loft area for a possible second family room. Expansive Master Suites with a luxurious Jacuzzi, walk-in shower, two separate sinks, and a walk-in closet. Glamorous 2nd bedroom features Juliet balcony with sliding doors, full bathroom, and contemporary glass sink. Two additional bedrooms share Jack and Jill's bathroom. The finished basement provides a recreation room, natural wood cedar sauna & full bathroom, additional room/office, utility room/laundry. High-efficiency dual zone HVAC system. Completely rebuilt in 2008; new 2nd level. Newer roof (2019); seller has a warranty for 20 years. There is nothing to do, just move in unpack and enjoy! Take advantage of lower taxes! Convenient location close to Park Ridge downtown, variety of restaurants and shopping. The manager has listed the unit size as 3583 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017