18 1st Street #V
About This Property
Waterfront home! Move in ready home on the Hudson River! Spend your days watching the river flow! Spacious rooms, lots of cabinets in the kitchen. Full bath on each floor. Roof 8 years old, mini split 2 years old. First floor laundry. LOW TAXES! Dead end street. There is a curb cut for off street parking.
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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 |
---|---|---|---|
May 9, 2025 | Price Decreased |
$259,900
↓ $10K
(3.7%) | |
Price Decreased | |||
May 2, 2025 | Price Decreased |
$270,000
↓ $19K
(6.6%) | |
Price Decreased | |||
Apr 29, 2025 | Price Decreased |
$289,000
↓ $10K
(3.3%) | |
Price Decreased | |||
Apr 23, 2025 | Listed by North 40 Real Estate LLC | $299,000 | |
Listed by North 40 Real Estate LLC |
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Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
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