233 Monroe 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 |
|---|---|---|---|
| Jul 17, 2024 | Sold | ||
| Sold | |||
| Apr 15, 2024 | Listed by ERA REARDON REALTY, L.L.C. | $199,900 | |
| Listed by ERA REARDON REALTY, L.L.C. | |||
| Oct 18, 2022 | No longer available | - | |
| No longer available | |||
| Aug 26, 2022 | In contract | - | |
| In contract | |||
| Aug 24, 2022 | Listed by Beiswanger and Risner RE Group | $139,900 | |
| Listed by Beiswanger and Risner RE Group | |||
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Attention investors, here is a fully rented three unit located in Brooklyn MI, totaling income $22,500 per year. Seller also has 600 Greenwood Ave listed and will consider selling as a package deal.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017