229 Halstead 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%.
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 |
|---|---|---|---|
| Jan 9, 2025 | Sold | ||
| Sold | |||
| Nov 1, 2024 | In contract | - | |
| In contract | |||
| Sep 30, 2024 | Listed by Keller Williams Realty WNY | $289,900 | |
| Listed by Keller Williams Realty WNY | |||
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Looking for a rare gem with endless possibilities? This fully renovated 7-bedroom, 2-full-bath home offers space and flexibility you won’t easily find anywhere else! Houses with this many bedrooms are an incredibly rare find, perfect for large families, multigenerational living, or even creating a home office or guest suites. Two bedrooms are conveniently located on the first floor, giving you versatile options for living arrangements. The massive living and dining rooms are designed for both hosting memorable gatherings and everyday comfort. You’ll also love the updated kitchen, where modern touches blend with practicality, making it ideal for family feasts or quiet dinners.Sitting on a sprawling double lot, this property gives you extra room to stretch out or create outdoor spaces for relaxing, gardening, or even future expansions. Remember, land is one thing they aren’t making more of, and here you’ve got plenty! The home has been meticulously upgraded, featuring a brand-new roof, new driveway, mostly new windows, and fully updated light fixtures. The bathrooms have been completely renovated to ensure comfort and style in every corner. Agent measured Square footage
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| Jan 26, 2024 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017