229 S Pershing Avenue
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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%.
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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.
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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 |
|---|---|---|---|
| Aug 22, 2024 | Sold | ||
| Sold | |||
| Jul 9, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | In contract | - | |
| In contract | |||
| Jun 13, 2024 | Listed by Signature Premier Properties | $539,000 | |
| Listed by Signature Premier Properties | |||
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Welcome to this charming and meticulously updated Cape. Interior Features: Every wall re-sheet rocked with new insulation; Updated electrical wiring throughout; Anderson windows for enhanced energy efficiency; Architectural roof (single layer); Gas line available in the street; Numerous recessed lights (hi-hats) for a bright, modern interior. Living Spaces: The main level boasts a spacious master bedroom, originally two separate bedrooms with beautiful wood flooring and lots of closets, offering ample space and comfort; Two additional bedrooms located on the second floor; Finished basement includes a playroom, office, laundry room with an updated Samsung washing machine, and utility area; Utilities feature a separate hot water heater and a 150-amp electrical box (100 Amp) with sub-panels on the top floor and in the garage. Kitchen and Bath: Eat-in kitchen with a Bosch dishwasher, Corian countertop, Gas GE Profile Stove; and ceramic tile; Large windows provide beautiful morning sunlight; and a Full bathroom with stone countertop and ceramic tile. Exterior Features: Fully fenced yard with a greenhouse, perfect for gardening enthusiasts; Oversized 1.5-car garage with additional storage space above; updated vinyl siding (brand new in the front). Taxes do not include the STAR exemption of $1,121.39. This home combines modern upgrades with charming features, offering a comfortable and inviting living space. Don't miss the opportunity to own in Bethpage, School District 21! Check it out and Start Packing!
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| Dec 6, 1999 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017