2 Mount Vernon Ter
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 9, 2024 | Sold | ||
| Sold | |||
| Mar 6, 2024 | In contract | - | |
| In contract | |||
| Feb 29, 2024 | Listed by RE/MAX Partners | $449,900 | |
| Listed by RE/MAX Partners | |||
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Great opportunity in this wonderful location, a perfect fit for those starting out or slowing down. Easy maintenance in this two bedroom, one bath, hip roof ranch in the desirable Mount Vernon neighborhood. Hardwood floors, new heating system, new water heater, natural gas, and one car garage on a manageable, corner lot. Low traffic yet minutes to shopping and major highways. Large full basement with high ceilings for future finishing. Private back yard for your gardening talents and birdwatching. With a little bit of effort, this will be a real charmer. If you're not ready for condo living, we've got the house for you!
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| Sep 26, 1989 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017