166 Olive Avenue Extension
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 |
|---|---|---|---|
| Mar 5, 2025 | Sold | ||
| Sold | |||
| Jan 30, 2025 | In contract | - | |
| In contract | |||
| Jan 22, 2025 | Listed by Better Homes and Gardens Real Estate - The Shanahan Group | $499,900 | |
| Listed by Better Homes and Gardens Real Estate - The Shanahan Group | |||
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Jump at a great opportunity to purchase this property listed at $47,900 below the 2025 assessed value. This property has so much potential sitting on 10,000 square feet of land and ready for buyer to make it their own. Traditional floor plan with living room dining room and kitchen on first floor with half bath. Second floor has two bedrooms and a full bath plus an additional room with no closet. Basement has ample room for storage. Pretty back yard comes alive in the spring with greenery. Large garage provides more space. Great location situated in the Maplewood area and close to transportation and Trafton Park Also close to points north and Boston. Pine Banks and Mt Hood golf courses are nearby on the Melrose line.Property is being sold as is.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017