1709 Bourne Way
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 16, 2021 | No longer available | - | |
| No longer available | |||
| Oct 28, 2021 | In contract | - | |
| In contract | |||
| Oct 23, 2021 | Price Decreased |
$109,000
↓ $9K
(7.6%) | |
| Price Decreased | |||
| Oct 7, 2021 | Listed by Weichert, REALTORS - Tiger Real Estate | $118,000 | |
| Listed by Weichert, REALTORS - Tiger Real Estate | |||
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Looking for a new home fixer upper. This home is new but never been entirely finished. If you want the living in the country feeling, this is your new home. Two level with the bottom level having a drive-in garage and top level just needing finished by the new owner. Everything is all ready about finished and ready for whatever wall coverings are desired. Wiring and plumbing already in place. Home is surrounded by the woods so all the privacy you would desire. Property being so "As Is" will not qualify for any government loan. This is a two story home with the lower lever being the garage area and upper level being the main living area. There is an existing septic system that has been permitted for a two bedroom home. Electric Service is installed into the home.
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| Sep 12, 2012 | Listed by Karen Whitlock Realty | $39,900 | |
| Listed by Karen Whitlock Realty | |||
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Half finished house out in the country-really out so if your looking for quiet country life & a house you can finish on your own...here it is. Bathroom sink, commmode & shower is in but no cabinetry, must finish inside of house ...2 decks have been added..outside is done except for stone work...inside you must do drywall, electricty (on temporary pole) truly finish it off .....seller has been staying there doing some work but has decided to sell as is and get closer in to town..soffit & facia is up....it's cute...so a handy man could do this....since there is no house to speak of it would take a cash offer or in house bank loan (construction) downstairs has garage area/washer dryer area, bath and living area...again unfinished...upstairs has just a huge room.... sq. footage by tax assesor is 1120 on both floors but that's including garage area..
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017