221 Locust Avenue
About This Property
Custom stone wall introduces inviting Front Porch. Spacious sun-drenched rooms with 9 ft ceilings throughout! Gorgeous & Expansive Kitchen with quartz counters, island and work area flows into spacious & inviting Fam Rm/fpl. French drs open to patio.
Convenient 2nd flr Lndry Rm, Ensuite bedrooms plus finished lower level with oversized Rec Rm, perfect Nanny or Guest Rm and bath.
Summer occupancy! This home is also being offered for rent: $24,500. Additional Information: ParkingFeatures:2 Car Attached,
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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 |
|---|---|---|---|
| Jul 12, 2021 | Sold | ||
| Sold | |||
| Jun 9, 2021 | In contract | - | |
| In contract | |||
| May 26, 2021 | Price Decreased |
$2,549,000
↓ $50K
(1.9%) | |
| Price Decreased | |||
| Mar 26, 2021 | Price Increased |
$2,599,000
↑ $50K
(2%) | |
| Price Increased | |||
| Feb 11, 2021 | Listed by Coldwell Banker Realty | $2,549,000 | |
| Listed by Coldwell Banker Realty | |||
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017