2215 Watts 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 13, 2021 | Sold | ||
| Sold | |||
| Jun 18, 2021 | Listed by Coldwell Banker Realty | $1,150,000 | |
| Listed by Coldwell Banker Realty | |||
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Welcome to 2215 Watts on a lovely tree-lined street in Southgate. This 2-story brick home has the charm of an earlier time and numerous thoughtful updates that provide flexible space for today's needs. Living room, dining room, kitchen, breakfast room are in the central part of the first floor. If you need a downstairs guest room or second primary, look no further than the 1st floor bedroom with en suite. A 23x10 game room overlooking the pool could be used as a home office, hobby/craft room, sun room -- your choice. The upstairs primary suite was recently reconfigured and remodeled to include an en suite bath with freestanding tub, huge shower, double sinks and a large linen closet. Three secondary bedrooms and laundry room complete the 2nd floor. On a hot day, jump into the sparkling pool that has the convenience of an outdoor shower and cabana bath. Walking distance from Medical Center, Rice, Roberts Elementary and Rice Village. Schedule an appointment to see this great home today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017