2401 Ben 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.
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 |
|---|---|---|---|
| Aug 12, 2021 | Sold | ||
| Sold | |||
| Jun 25, 2021 | Listed by Keller Williams Realty | $235,000 | |
| Listed by Keller Williams Realty | |||
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Great corner home ready to move-in! Features 3 bedrooms, 2 fully renovated baths, laminate flooring throughout and a beautiful kitchen that features brand new stove with stainless finish, white cabinets and countertops, spacious bedrooms with walk-in closets, fresh paint throughout. This charming home sits on an oversized double lot which is perfect for family gatherings. Covered patio and huge yard with plenty of room for entertainment. Conveniently located close to Hwy I-30 and to Tandy Hills Natural Area.
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| Apr 7, 2021 | Sold | ||
| Sold | |||
| Mar 18, 2021 | Listed by The Michael Group Real Estate | $150,000 | |
| Listed by The Michael Group Real Estate | |||
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This is an amazing opportunity for someone who wants to finish a project, where a lot of the heavy lifting has already been complete! The foundation has been repaired with a lifetime transferable warranty, there is a new electrical panel, plumbing work has been completed, all new showers and tile in the bathrooms, and your vision for the rest! This is a HUGE, corner lot in an area where many renovations and new builds are being done. This is the perfect place to finish the renovations and sell to a future homeowner! The house is being sold as-is and the seller will not make any repairs. Please submit your best offer by 3:00pm on Saturday, 03-20-21. Thank you!
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About West Meadowbrook
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$2,000 /mo
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$1,495 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017