216 E B. 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 |
|---|---|---|---|
| Dec 16, 2024 | Listed | $65,000 | |
| Listed | |||
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This property sits just off of B. Street and Trudgeon Street, adjoins property that could be potential commercial property. This property has a survey that shows inclusion of the abandoned railroad track property. Currently zoned Urban Residential, but could be rezoned to Commercial.
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| Jun 3, 2024 | No longer available | - | |
| No longer available | |||
| Dec 1, 2023 | Listed | $65,000 | |
| Listed | |||
| Oct 20, 2023 | No longer available | - | |
| No longer available | |||
| Apr 18, 2023 | Listed | $65,000 | |
| Listed | |||
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This property sits just off of B. Street and Trudgeon Street, adjoins property that could be potential commercial property. This property has a survey that shows inclusion of the abandoned railroad track property. Currently zoned Urban Residential, but could be rezoned to Commercial.
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Address: 335 Madison Avenue, New York, NY 10017