18 Howard Street
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 |
|---|---|---|---|
| Jun 2, 2023 | No longer available | - | |
| No longer available | |||
| Jun 1, 2023 | Sold | ||
| Sold | |||
| Apr 30, 2023 | In contract | - | |
| In contract | |||
| Apr 22, 2023 | Price Decreased |
$399,000
↓ $26K
(6.1%) | |
| Price Decreased | |||
| Apr 18, 2023 | Listed by Better Homes and Gardens-The Masiello Group | $425,000 | |
| Listed by Better Homes and Gardens-The Masiello Group | |||
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A growing trend in the housing industry is multigenerational living. If you intend to be in a home for a long period of time, buying a multigenerational-focused home for future plans may be a smart move. This home provides the perfect floor plan to diversify many living situations, with modern updates throughout. Extremely efficient home with Hyper Heat/Cool Mini Splits. Enjoy 4 Bedrooms in the main home. Recently updated primary ensuite with walk-in closet, double vanity, &private deck. The other 3 bedrooms are generously sized - plenty of room to grow! Updated full bath upstairs & 1/2 bath downstairs. The home offers a spacious open concept kitchen/dining room with French Doors leading into the living room with built-in shelves, fully equipped surround sound - perfect for entertaining or relaxing. Ample storage space throughout the home including food pantry, broom closet, and 1st and 2nd floor laundry. If you've been looking for versatile living spaces, with the added bonus of a separate in-law suite which can also be rented - this is it! The in-law suite features 2 Bedrooms (one is being used as a living room), Bathroom w/Step-in Shower, Grip-Accessible features, Hard Surface Flooring throughout and has it's own separate entrance. Ideal for multi generational living or some rental income. This design- creates flexibility & opportunity - accommodating your family needs now and in the future. The manager has listed the unit size as 2897 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017