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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%.
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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 17, 2015 | Sold | ||
| Sold | |||
| Feb 19, 2015 | Listed by RE/MAX UNLIMITED | $130,000 | |
| Listed by RE/MAX UNLIMITED | |||
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Flagler Era Victorian on 3 lots with Commercial and Residential potential. This lovely Victorian lady has many exciting characteristic in tact.. This home has not undergone any bad renovations and is looking for someone to bring it back to it's former glory. Owned by the same family for years the history of this great lady is quite colorful from Prohibition to Home of a Sea Captain, the history is rich. A great floor plan that includes a formal living room. Parlor/ library, formal dining. downstairs bedroom with 1/2 bath, Wrap around porch. 3 bedrooms upstairs with huge bath on 2nd floor. Potential includes duplex/office/apartment/or Single Family dwelling.
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| Oct 3, 2014 | Listed by RE/MAX UNLIMITED | $130,000 | |
| Listed by RE/MAX UNLIMITED | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017