194 Canal St
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 |
|---|---|---|---|
| Apr 29, 2024 | Sold | ||
| Sold | |||
| Apr 8, 2024 | In contract | - | |
| In contract | |||
| Mar 26, 2024 | Listed by LAER Realty Partners | $180,000 | |
| Listed by LAER Realty Partners | |||
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Calling all investors! Situated within walking distance to downtown and various houses of worship, yet bordered by conservation land, this 3 bed, 1 bath colonial offers the perfect blend of accessibility and tranquility. Explore the nearby natural wonders, from the scenic Cass's Meadow and Bird Sanctuary to the picturesque shores of the Millers River. Indulge in recreational activities at Fish Park, including tennis, baseball, and sledding, or savor the vibrant atmosphere of concerts in the bandstand. This property boasts significant upgrades over the past decade, including a new roof, chimney repointing, windows, siding, forced hot air furnace, oil tank, plumbing upgrades, and electrical enhancements. With so many of the upgrades already done, your creativity and sweat equity is all that is needed to make this home a smart investment!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017