228 State Ave
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 |
|---|---|---|---|
| Jun 1, 2010 | Sold | ||
| Sold | |||
| Mar 19, 2010 | Listed by Keller Williams Realty | $47,900 | |
| Listed by Keller Williams Realty | |||
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Great opportunity for the right person. With a little updating it could be adorable and better than renting. Being sold as is. All offers must have a preapproval or proof of funds. Selling bonus if u/c by 04/10 and closes by 06/30/10 up to $1000 call agent for details. Up to 3.5 % closing cost and home warranty for owner occupant buyers cash deals not eligible . Preapproval or proof of funds with all offers, no changes allowed to contract. Escrow deposit to be in the form of bank check or certif
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| Aug 14, 1998 | Sold | ||
| Sold | |||
| Mar 10, 1998 | Listed | $47,900 | |
| Listed | |||
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ADORABLE HOME FOR JUST STARTING OUT OR FINISHING UP. SKYLIGHT, CEILING FANS, LARGE ROOMS, CONVENIENT LOCATION.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017