205 McCracken 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 |
|---|---|---|---|
| May 26, 2023 | Sold | ||
| Sold | |||
| May 12, 2023 | Listed by Ekklesia Real Estate | $200,000 | |
| Listed by Ekklesia Real Estate | |||
| Sep 4, 2020 | No longer available | - | |
| No longer available | |||
| Jul 13, 2020 | Listed | $127,500 | |
| Listed | |||
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So......you say these 4 bedrooms, 2 bathrooms are not enough? Or, do you need mother-in-law or guest quarters? You are in luck!! In addition to the home on the corner lot, there are 2 sites set up for RV's, complete with water, sewer, and electricity. Home has covered porches. There is a garden area that currently has watermelons and tomatoes. Small shop with electricity. Great first time home, investment, or to downsize. 1 year home warranty included. Not many gems on the market like this one. Act fast! The manager has listed the unit size as 1300 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017