22 Tip 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 |
|---|---|---|---|
| Jul 17, 2020 | Sold | ||
| Sold | |||
| Nov 19, 2019 | Listed by RE/MAX 1st Choice | $159,500 | |
| Listed by RE/MAX 1st Choice | |||
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Don't miss this all brick 3 bedroom, 2 bathroom ranch set amongst towering oak trees. If you like the outdoors, this property is close to Starved Rock State Park and across the street from the Vermillion River boat launch. All the convenience of a ranch with a main floor laundry/mudroom. Master bedroom includes private master bath. Newer windows and roof. Eat in kitchen and dining area boast a fireplace and enough space for a large table. Large patio great for entertaining or relaxing. Full basement includes a toilet, sink, and shower rough-in.
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| Jun 23, 2015 | Sold | ||
| Sold | |||
| Apr 19, 2015 | Listed by Home Owners Realty, Inc. | $159,500 | |
| Listed by Home Owners Realty, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017