225 Moriches Avenue
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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| May 13, 2024 | In contract | - | |
| In contract | |||
| Apr 3, 2024 | Price Decreased |
$415,000
↓ $35K
(7.8%) | |
| Price Decreased | |||
| Mar 17, 2024 | Price Decreased |
$450,000
↓ $25K
(5.3%) | |
| Price Decreased | |||
| Feb 28, 2024 | Listed by Coldwell Banker M&D Good Life | $475,000 | |
| Listed by Coldwell Banker M&D Good Life | |||
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Lovely Oversized Corner Lot w/ Detached 2 Car Garage. Brand New roof on house and garage, new soffits, Freshly Painted, New Carpeting, New Flooring, 3 Bed, 1 Full Bath. This move in ready home has cathedral ceilings open floor plan for living and dining. New concrete pad for easy entertaining and bbq.
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About Mastic
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Currently no similar homes aroundNearby Rentals
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$3,750 /mo
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017