204 W Concourse
About This Property
Full basement and garage. Downstairs one bedroom apartment tenant pays their own electric. Separate Entrance. Lease expires 4/1/25. Buyer must do their own due diligence as to boat size the dock will accommodate. May be a legal two family but Sold as a single family mother daughter.
Home is 3212 sq ft. Lot is NOT sub dividable. Don't miss this unique property with amazing possibilities.
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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 |
|---|---|---|---|
| Jan 17, 2025 | Sold | ||
| Sold | |||
| Nov 13, 2024 | In contract | - | |
| In contract | |||
| Nov 9, 2024 | Listed by Nelson Realtors | $1,399,900 | |
| Listed by Nelson Realtors | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017