23974 Loop 494
About This Property
NOTE: BUYER'S TO CONFIRM ALL MEASUREMENTS AND PROPERTY USAGE.
PROPERTIES ARE SOLD AS IS WHERE IS. NO REPAIRS BY SELLER.
SELLER IS VERY MOTIVATED - WILL REVIEW ALL OFFERS.
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Cap Rate Calculator
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 10, 2022 | Sold | ||
| Sold | |||
| Mar 12, 2022 | Listed by RE/MAX Alliance | $650,000 | |
| Listed by RE/MAX Alliance | |||
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OPPORTUNITIES! OPORTUNITIES! OPORTUNITIES! GREAT INVESTMENT POTENTIAL ON THIS COMMERCIAL/RESIDENTIAL PROPERTY. LOT IS 176 FT WIDE & 153 FT DEEP. LEASED SMOKE HOUSE ON MONTH-TO-MONTH BASIS. APARTMENT HOUSE ABOVE THE GARAGE IS 1BED/1BATH & CAN BE RENTED OUT. MAIN HOUSE IS APROX 100 YR OLD. IT HAS 3 BEDS / 2 BATHS AND HUGE LIVING AREA. COME AND SEE! DON'T MISS THE OPPORTUNITY TO EXPAND THIS COMMERCIAL LOT & PROPERTY.
NOTE: BUYER'S TO CONFIRM ALL MEASUREMENTS AND PROPERTY USAGE.
PROPERTIES ARE SOLD AS IS WHERE IS. NO REPAIRS BY SELLER.
SELLER IS VERY MOTIVATED - WILL REVIEW ALL OFFERS.
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017