2008 Harlem
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 11, 2024 | Sold | ||
| Sold | |||
| Mar 2, 2024 | In contract | - | |
| In contract | |||
| Apr 15, 2023 | Listed by Keller Williams Realty Metropolitan | $89,500 | |
| Listed by Keller Williams Realty Metropolitan | |||
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Great opportunity for developers, construction advanced and ready to be finished in three-four months, permits approved by the city and few improvements already, this great deal includes: The 2,500 soft Lot, approved permits and the following improvements: Foundation is poured already, also the drainage ditch, pipe on the property driveway entrance also installed already, electrical pipes for the wires into the kitchen island and couple of other items. Don't miss this one!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017