2216 1st Avenue
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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 |
|---|---|---|---|
| Jan 26, 2021 | Sold | ||
| Sold | |||
| Sep 17, 2020 | Listed by Clayton & Clayton Inc.Realtors | $6,650,000 | |
| Listed by Clayton & Clayton Inc.Realtors | |||
| Apr 10, 2020 | No longer available | - | |
| No longer available | |||
| Jan 9, 2020 | Price Decreased |
$6,599,000
↓ $300K
(4.4%) | |
| Price Decreased | |||
| Oct 20, 2019 | Listed | $6,899,000 | |
| Listed | |||
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This is a unique opportunity to acquire one of Spring Lake's masterpiece properties. . This North End estate is located on a quiet and tree lined street that offers a serene setting . This newly constructed shingle style home has been thoughtfully designed by architect Mike Melillo. 7 bedrooms, 5 full baths.Exceptional attention to detail and high end finishes are apparent throughout this magnificent home. Situated on a coveted parcel, (125X150) this property offers an exceptional open floor plan for entertaining with style and ease. Step out side to your expansive bluestone patio and take in the beautiful rear yard complete with a Gunite pool, lush landscaping and a built- in outdoor grill and fire pit . Fabulous wrap around front porch.. This home has it all! The manager has listed the unit size as 7100 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017