2 Stearns Avenue
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 |
|---|---|---|---|
| Nov 16, 2011 | Sold | ||
| Sold | |||
| Sep 11, 2010 | Listed by Weichert Realtors' Daher Companies | $165,000 | |
| Listed by Weichert Realtors' Daher Companies | |||
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Renovations to the bathrooms have started but still need to be finished both bathrooms are in working order and tastfully modern. Kitchen need new floor and hardware to cabinets. Hardwood floors in house need to be refinished but are in good shape with minor repair needed. First floor Master bedroom has three season porch attached,with sliding glass doors. Basement has new french drain system added by owner with sump pump. Third Party Approval needed " Property as is"
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| Mar 22, 2001 | Sold | ||
| Sold | |||
| Mar 26, 1998 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017