2204 Converse Street
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 |
|---|---|---|---|
| Aug 6, 2021 | Sold | ||
| Sold | |||
| Jun 7, 2021 | Listed by Coldwell Banker Realty | $594,900 | |
| Listed by Coldwell Banker Realty | |||
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This lovely 3 story townhome is nestled in a private gated community in the heart of Montrose, and within walking distance to numerous restaurants and shopping. Meticulously maintained by its original owner, an absolute beauty, this sprawling traditional features lots of modern accents. Downstairs bedroom/study is a great flex room. Second floor is open concept living with a dreamy chef’s kitchen featuring an exquisite chandelier, floor to ceiling windows, crown molding, expanded ceilings, recessed lighting, stainless steel appliances and marble countertops. French doors lead to balcony overlooking quaint courtyard setting. Master suite, located on third floor flows into the spa like bathroom featuring marble oversized tub, separate stand-up shower, dual sinks and two large walk-in closets. Owner willing to negotiate most personal property including beautifully crafted dining table, elegant artwork and anything your heart desires. Rooms are approximations to be verified by buyer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017