20 42nd Street
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 |
|---|---|---|---|
| Jun 3, 2024 | Sold | ||
| Sold | |||
| Mar 26, 2024 | In contract | - | |
| In contract | |||
| Mar 14, 2024 | Listed by Douglas Elliman Real Estate | $699,900 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
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Meticulously maintained home that has been updated throughout, Roof 2 yrs young, Andersen windows, 550 gallon oil tank above ground, ceiling fans in all rooms, 3 car detached garage with 220 amp service, lights, pull down attic storage, 6' ft white vinyl fence around rear yard, patio, basement has outside entrance, full bathroom,2 washers & 2 dryers, oak wood floors on 1st floor, under new carpet on 2nd floor is plywood, boiler has 3 zone heat with separate 4th zone for hot water heater, lots of closets and storage, pull down attic on 2nd floor, house 2200 sq ft, basement is 1000 sq ft. Electric is $95 per month. Heat is $140 per month
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| Feb 22, 1999 | Sold | ||
| Sold | |||
| May 23, 1994 | Sold | ||
| Sold | |||
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About Islip
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017