1802 Butternut Street
About This Property
Inside, no detail has been overlooked. The completely remodeled kitchen boasts sleek finishes, brand-new appliances, and LED lighting that adds a contemporary touch. The bathroom has been beautifully updated, complementing the refreshed living spaces throughout the home. Upgrades include all-new electrical wiring and fixtures for energy efficiency and convenience.
A young roof, furnace, and water heater provide a reliable and strong base. Outside, the detached one-car garage offers versatile storage options, whether you need protection for your car during the winter or extra space for belongings.
Conveniently located, this move-in-ready gem is ideal for those seeking a beautifully updated home in a prime location. Don't miss your opportunity to call this property yours!
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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 |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Jan 22, 2025 | In contract | - | |
| In contract | |||
| Jan 14, 2025 | Price Decreased |
$154,999
↓ $4K
(2.5%) | |
| Price Decreased | |||
| Dec 20, 2024 | Price Increased |
$159,000
↑ $4K
(2.6%) | |
| Price Increased | |||
| Nov 15, 2024 | Listed by The O'Hara Group | $154,999 | |
| Listed by The O'Hara Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017