207 Mitchell Street #A
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 |
|---|---|---|---|
| Jan 24, 2024 | Sold | ||
| Sold | |||
| Jan 13, 2024 | In contract | - | |
| In contract | |||
| Dec 8, 2023 | Listed by Gingrich Group, LLC | $139,000 | |
| Listed by Gingrich Group, LLC | |||
| | |||
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Charming duplex in Longview! Each unit features 2 bedrooms and 1 bathroom. This freshly updated duplex offers the perfect blend of comfort and convenience. Enjoy the spacious living areas and updated kitchens and ample outdoor space. Seize the opportunity on this investment property in a great, growing area or live in one unit and rent out the other reducing your living expenses! Either you, schedule your showing today!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/08/2023
|
2 Bed
|
1 Bath
|
1136 ft²
|
$139,000
2 Bed
1 Bath
1136 ft²
|
$125,000
-10.07%
01/24/2024
|
Christopher Lowe
HOM Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017