218 Commonwealth Avenue
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 1, 2020 | Sold | ||
| Sold | |||
| May 1, 2020 | Listed by Realty Associates | $829,900 | |
| Listed by Realty Associates | |||
| Jun 22, 2019 | No longer available | - | |
| No longer available | |||
| May 19, 2019 | Price Decreased |
$899,000
↓ $20K
(2.2%) | |
| Price Decreased | |||
| Mar 28, 2019 | Listed | $919,000 | |
| Listed | |||
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Live in the Village-this beautiful 1930's Colonial home has been carefully renovated to bring you all the amenities of today's living style. Wainscotting and crown molding throughout the living and dining room preserves the gracious charm of the home. The stylish kitchen has glass tile back splash, granite counters and white cabinets, with stainless steel Bosch appliances. The mudroom and 1/2 bath are ideally located off the kitchen, by the back entry. The 1st floor sun-filled bedroom would also make an enjoyable office. The master bedroom has a great walk-in closet and the master bath is a delight with a beautifully tiled shower and double sinks. The laundry has been thoughtfully placed on the 2nd floor. There is a walk-up attic for extra storage. Lastly, a barn is sited on the property, making it a wonderful spot for a hobbyist, teen hangout or man/woman-cave. The manager has listed the unit size as 1750 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017