2 School
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 |
|---|---|---|---|
| Sep 16, 2024 | Sold | ||
| Sold | |||
| Jul 25, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by Harbor View Real Estate Corp. | $399,000 | |
| Listed by Harbor View Real Estate Corp. | |||
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POTENTIAL POTENTIAL POTENTIAL! Attention Contractors and Investors. This diamond in the rough presents an incredible opportunity for those looking to transform a blank canvas into their dream home. Nestled in the desirable Edgeworth neighborhood, this 2-bedroom, 1 and a half bathroom condo alternative is brimming with potential. Just bring fresh paint and fresh ideas. While the kitchen is currently in need of renovation, envision the possibilities with a brand-new design featuring modern appliances, sleek countertops, and ample storage. Throughout the home, the floors are awaiting a refinishing touch to restore them to their original luster, and a fresh coat of paint will breathe new life into every room. Whether you're looking to create your first home or seeking a lucrative investment opportunity, this condo alternative promises endless potential. Bring your vision and creativity to unlock the true value of this hidden gem. Don't wait - seize the chance to reimagine this property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017