1903 Blodgett Street
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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 26, 2023 | Sold | ||
| Sold | |||
| Oct 12, 2022 | Listed by Suntrust Realty | $360,000 | |
| Listed by Suntrust Realty | |||
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Highly sought after property, zoned to commercial but it can be residential. There is small building with one room office and half bath with handicap access. Also a nice shed. Water, internet and electricity is connected, fenced. Ideal for restaurant or food truck business but one can put three patio home or an office or single family home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017