1990 15TH 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 17, 2024 | Sold | ||
| Sold | |||
| Jun 17, 2024 | In contract | - | |
| In contract | |||
| Jun 11, 2024 | Price Decreased |
$395,000
↓ $55K
(12.2%) | |
| Price Decreased | |||
| May 20, 2024 | Listed by Heer Realty, Inc. | $449,900 | |
| Listed by Heer Realty, Inc. | |||
| | |||
|
RPI rental Premiere campus location. 2 homes in from RPI Union Sage and 15th this is a tremendous example of a well kept student rental. Current 5 bedrooms, 2.5 bath, large kitchen, butler pantry, large living room, large front wrap around porch, easy future additional bedrooms, off street parking. car port, 2 car garage and 2024-2025 Leases in Place.
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| Mar 26, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017