2012 Olive 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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jan 21, 2021 | In contract | - | |
| In contract | |||
| Jan 8, 2021 | Listed | $849,900 | |
| Listed | |||
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Situated on a quiet two block Westside street just a short walk to downtown, this remodeled home with central vacuum boasts a Pebbletec pool and detached 35' x 21' insulated shop with 1/2 bath. Recently installed hardwood flooring throughout living areas and a freshly remodeled kitchen featuring quartz countertops and beveled marble backsplash with French door leading to new Moso bamboo 10x16 deck. The master suite has been updated to include a large tiled shower with 7' glass door and French door leading to secluded outdoor hot tub. The backyard is a spacious private oasis with flagstone edged pool, BBQ, cobblestone pavers and trex decking. The 35x21 detached shop may have potential for an income-producing ADU (check with city). The seller-owned solar system is included. A must see on the coveted Westside! The manager has listed the unit size as 1423 square feet.
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| Dec 28, 2017 | Sold | ||
| Sold | |||
| Nov 2, 2017 | Listed by RE/MAX Parkside Real Estate | $699,000 | |
| Listed by RE/MAX Parkside Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017