178 Mechanic St
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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 |
|---|---|---|---|
| Dec 28, 2016 | Sold | ||
| Sold | |||
| Oct 11, 2016 | Listed by MGR Global Realty, Inc. | $544,900 | |
| Listed by MGR Global Realty, Inc. | |||
| Sep 26, 2012 | Sold | ||
| Sold | |||
| Jun 1, 2012 | Listed by MGR Global Realty, Inc. | $460,000 | |
| Listed by MGR Global Realty, Inc. | |||
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Spectacular 12 room Col. with spacious 5rm 2br in law. Open floor plan on first level consisting of modern fully appl. eat in cherry kitchen, classic fireplaced dining room that opens to an entertainment size family room. Formal spacious living room too as well as a first floor bedroom. Second floor has a beautiful master suite with jacuzzi bath plus office/bedroom. The other side of 2nd floor consists of a great full inlaw wit 2brs,kit,dining rm,living rm with slider to private deck .
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017