2203 Watts Street
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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%.
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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 |
|---|---|---|---|
| Nov 16, 2020 | Sold | ||
| Sold | |||
| Sep 14, 2020 | Listed by Greenwood King Properties | $849,000 | |
| Listed by Greenwood King Properties | |||
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This stately two-story traditional home in coveted Southgate offers fabulous downstairs living areas including a large formal living room w/ fireplace, formal dining room w/ bay window, updated* kitchen, breakfast room w/ attractive glass front built-ins, downstairs study (could be 4th bedroom), & family/game room w/ double French doors that lead to a fully fenced backyard and patio. Upstairs features an oversized primary bedroom w/ dressing area & walk-in closet, plus two additional bedrooms. Perfect bones to add your personal touches. Zoned to highly rated Roberts Elem (Buyer to verify eligibility). Great location close to Rice University, Medical Center, and Museum District. *per Seller
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017