1989 Santos Street
About This Property
This well-maintained home offers a blend of character and modern updates. A new roof and updated exterior siding provide peace of mind, while the sprinkler system helps keep the yard looking great. Enjoy multiple outdoor spaces, including a covered front porch, a spacious enclosed patio, and a side porch-perfect for relaxing. Inside, the home features two bedrooms plus a flex space upstairs that could be used as a third bedroom, office, or hobby room. The layout includes two spacious living areas, a large open kitchen, and an additional room that could serve as an office or craft space. A laundry room adds convenience, and the fireplace creates a warm and inviting atmosphere. The 1-car garage includes an attached shop and storage room with a half bathroom, offering extra space for various needs. The seller is offering $5,000 in concessions with an acceptable offer. Don't miss the opportunity to make this home your own!
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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 30, 2025 | Sold | ||
| Sold | |||
| Jul 17, 2024 | Listed by Remax Big Country | $214,999 | |
| Listed by Remax Big Country | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017