234 89th Street
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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 |
|---|---|---|---|
| Sep 5, 2024 | Sold | ||
| Sold | |||
| May 14, 2024 | In contract | - | |
| In contract | |||
| Apr 1, 2024 | Listed by Coldwell Banker Reliable R E | $1,100,000 | |
| Listed by Coldwell Banker Reliable R E | |||
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Discover the perfect blend of comfort and functionality at 234 89th Street in the vibrant community of Bay Ridge, Brooklyn. This attached single-family home offers a cozy yet practical living space in an unbeatable location. The first floor welcomes you with charming hardwood floors throughout, creating a warm and inviting atmosphere. Bask in the sunlight streaming through the sunroom, a versatile space ideal for relaxation or entertainment. Prepare meals with ease in the updated kitchen, complete with modern amenities and convenient access to the patio - a great spot for outdoor dining or enjoying the fresh air. Adjacent to the kitchen, the formal dining room sets the stage for casual meals and gatherings. Convenience is key with a powder room on the main level, perfect for guests and everyday use. Plus, the detached garage, accessible through a community drive, provides coveted parking and storage space in this bustling neighborhood. Upstairs, three comfortable bedrooms await, each featuring parquet floors for a cozy feel. A full bathroom serves the second floor, offering practicality and comfort for everyday living. Head downstairs to the basement, where you'll find a dedicated laundry room simplifies chores, while an additional powder room adds convenience to your daily routine. Conveniently located close to public transportation, including the R train, commuting is a breeze from this central location. Experience the best of Brooklyn living at 234 89th Street, where practicality meets comfort in a welcoming community setting. Don't miss this opportunity to make this delightful property your new home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017