178 Eastern Ave. #2
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 |
|---|---|---|---|
| Jul 10, 2009 | Sold | ||
| Sold | |||
| Apr 13, 2009 | Sold | ||
| Sold | |||
| Apr 10, 2009 | Listed by Bletzer Realty | $113,777 | |
| Listed by Bletzer Realty | |||
| | |||
|
"Steal of a Deal!" "LIKE NEW" 2006 New Construction, 3 Bedrooms, 1 1/2 baths, Back Unit w/Privacy, Newly Painted throughout, Brand New Berber Carpeting throughout, Cen. A/C, Large Liv. Rm, Spacious Bedrooms & Closets, NO CONDO FEE, Other Unit is Owner Occupied, Master Ins. is approx. $400 per yr, Dead End Street, Quiet Neighborhood, High Ceiling Basement w/potential to add 600 more sqft, Broker Owned, A MUST SEE!!
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| Mar 12, 2009 | Listed by Bletzer Realty | $68,750 | |
| Listed by Bletzer Realty | |||
| | |||
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Condex! Affordable living for these times on Eastern Avenue. Big enough but not too big to heat. Call for details. Bank owned,sold as-is,where is w/no warranties or representations from seller or agent/broker Bank owned property being sold "as is." Pre-Qual/Pre-Approval/Proof of Funds required with copy of earnest money deposit. Seller's addendum required upon acceptance of offer.
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| May 3, 2006 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/12/2009
|
3 Bed
|
1 Bath
|
-
|
$68,750
3 Bed
1 Bath
|
$50,000
-27.27%
04/13/2009
|
Christopher Michaud
Acceptance Group WPI
| |
|
10/22/2005
|
3 Bed
|
1 Bath
|
1200 ft²
|
$189,900
3 Bed
1 Bath
1200 ft²
|
$184,000
-3.11%
05/03/2006
|
Ali Ludwig
Keller Williams Realty-Merrimack
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017