229 Commerce 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 |
|---|---|---|---|
| Oct 11, 2024 | Sold | ||
| Sold | |||
| Sep 6, 2024 | In contract | - | |
| In contract | |||
| Aug 28, 2024 | In contract | - | |
| In contract | |||
| Aug 8, 2024 | Listed by Coldwell Banker Realty | $685,000 | |
| Listed by Coldwell Banker Realty | |||
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Enjoy one floor of easy living is this move in ready three bedroom ranch. From the moment you step through the front door, it will feel like home. You will be captivated by all this property has to offer! The large living room with bay window lets the sun shine in! Renovated kitchen w/stainless steel appliances, quartz countertops and high end finishes, opens up into the dining room with sliders to a deck. This house is perfect for entertaining inside or out. This special home has all the comforts todays buyers are looking for including Central AC, crown moulding, wood floors, updated windows and more! The lower level compliments the lifestyle buyers are looking for...family room, office, bonus room w/large pantry and full bath with step in shower. There is a laundry area, utilities and two storage rooms as well. The lower level adds approx. 553 square feet of living, it has a CO & is included in total square footage. Ten minute walk to train station! This house is calling you home!
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| Nov 16, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017