22 Border Street
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 16, 2020 | Sold | ||
| Sold | |||
| Sep 7, 2019 | Listed by Tri-State Realty, LLC | $305,000 | |
| Listed by Tri-State Realty, LLC | |||
| Aug 1, 2013 | Sold | ||
| Sold | |||
| Jul 31, 2012 | Sold | ||
| Sold | |||
| Jun 30, 2012 | Listed by Bean Group / Bedford | $95,000 | |
| Listed by Bean Group / Bedford | |||
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Investors take note: Solidly built two bedroom Cape in need of attention, most likely a cash sale. Built in 1958, this home is as good as any new construction, but has some deferred maintenance and needs your imagination and sweat equity. The furnace and hot water heater are new, the cedar siding is still in good shape, there are hardwood floors in the living room, hall and bedrooms, the upstairs has ample headroom to be finished off for two more bedrooms, and the garage roof has been re-shingled in the last few years. The yard has the most amazing perennials and with some pruning and tender loving care, this home can be brought back to life under your careful touch.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017