17 Albert Park
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 |
|---|---|---|---|
| Sep 26, 2024 | Sold | ||
| Sold | |||
| Aug 28, 2024 | In contract | - | |
| In contract | |||
| Aug 14, 2024 | Relisted | $403,000 | |
| Relisted | |||
| Aug 11, 2024 | In contract | - | |
| In contract | |||
| Aug 2, 2024 | Listed by Century 21 North East | $699,000 | |
| Listed by Century 21 North East | |||
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Single family with approved variance to convert to a 2 unit building! Great opportunity to own this solidly built 8 room, 4bdrm, 2 bath ranch on a Cul de Sac with a full finished basement featuring a full kitchen, one bedroom, and a 3/4 bath with exterior access. First floor features 5 rooms, full kitchen, living room and 3 bedrooms with hardwood floors 2 year old Navien gas systems with a zone for each floor. 200 amp service. Leased Solar panels run a plus credit with National grid. See electric bill under documents. 25 year lease agreement. TREMENDOUS SAVINGS ON YOUR ELECTRIC!. Current monthlu solar bill is $107. One car garage plus a big driveway offers plenty of off street parking. Lafayette school across the street from Albert Park Road. Taxes do not reflect 20% discount for owner occupied home after 1 year residency.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017