170 Nelson 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 |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Oct 5, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2024 | Listed by Keller Williams South Watuppa | $409,900 | |
| Listed by Keller Williams South Watuppa | |||
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For the first time ever, this charming 4 bedroom, 2 bathroom raised ranch home is available! Offering 1,826 sq ft of living space, including a finished basement, this home sits on a spacious quarter-acre lot, built across two parcels of land. Plenty of value add opportunity to build equity! 170 Nelson St features a mini-split system for heating and AC, gas baseboard heating, a cozy wood-burning fireplace, and a wood stove in the basement for extra warmth. Step outside onto the deck, where you can relax and enjoy views of the expansive open backyard—perfect for outdoor activities or entertaining. Conveniently located near highway access, shopping at the South Coast Marketplace, and public transportation, this home offers both comfort and convenience. Don't miss the chance to bring your vision to life in this well-loved one owner home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017