2186 Strang Avenue
About This Property
The main level of the house comprises the living room, dining area, kitchen, and powder room. The kitchen includes newer stainless steel appliances. A modern hard wood staircase leads to the upper level, which has three bedrooms including the master and a full bathroom.
The basement is designed as an in-law suite floorplan. It has space for a bedroom, living area and kitchenette. The lower level is finished; however, it requires light cosmetic updates.
The backyard features a 2 car garage and huge hard ground area that can be used to entertain. The house is located close to schools, shopping, transportation, parks, and many of the best dining venues in the Bronx and Westchester. Additional Information: ParkingFeatures:2 Car Detached,
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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 |
|---|---|---|---|
| Sep 22, 2022 | Sold | ||
| Sold | |||
| Dec 6, 2021 | Listed by Mwamba Realty Inc | $525,000 | |
| Listed by Mwamba Realty Inc | |||
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About East Bronx
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017