21 First 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 |
|---|---|---|---|
| Mar 3, 2023 | Sold | ||
| Sold | |||
| Feb 6, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Nov 24, 2022 | Relisted | $289,900 | |
| Relisted | |||
| Nov 14, 2022 | Listed by Mary A Peters RE | $289,900 | |
| Listed by Mary A Peters RE | |||
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Great opportunity for Investment/Rental. Property has been updated by Seller, tax card has not been updated by City. Desirable down town Dover, walk to everything! Seller purchased as Investment, has been a great AIR B& B, New windows, new kitchen with stainless appliances new roof, updated electrical. Cathedral ceiling with ceiling fan in kitchen. Newer bath. Separate dining room area which french door to side patio, outdoor area. Shed attached rear of house. Very cute through-out the home. Large front entrance/foyer area. Two bedrooms second level, no heat. First floor small bedroom/could be office area. The basement has updated circuit breakers, plumbing, and one for working fireplace in living room. Both of those flowers are capped to keep critters out. It is cemented and stays relatively dry. The hot water heater is newer. The chimney is lined with double metal flus, one for furnace, direct vent Very busy downtown, to enjoy all, restaurants, coffee shops, shopping, train station. Great home for Investment/rental property. Being sold "AS IS" as seen. Property Assessment just updated by the City of Dover. Seller to continue her AIR B & B, and BOM in next couple months.
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| Oct 31, 2022 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017