2229 SEA GULL
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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 |
|---|---|---|---|
| May 11, 2018 | Sold | ||
| Sold | |||
| Mar 30, 2018 | Listed by Century 21 The Edge | $84,000 | |
| Listed by Century 21 The Edge | |||
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A INVESTOR OR HANDYMAN SPECIAL BUY, THATS IN A GREAT LOCATION IN THE HEART OF THE EASTSIDE! 3 bedrooms featuring 1 full, and 1 3/4 bathrooms. OVER 1100+ square feet (Per CAD) with great living areas, and zoned bedrooms! Although this home does need work, the meat and bones are good. Property would make a great home for first time home buyers, or could serve equally well as an investment property. Great location close to main streets, stores, restaurants, schools, etc.... Dont miss out on this diamond in the rough! Come check it out and realize it's potential for yourself!
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| Apr 15, 2009 | Sold | ||
| Sold | |||
| Sep 30, 2008 | Listed by Century 21 APD & Associates | $94,000 | |
| Listed by Century 21 APD & Associates | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017