2413 8th Avenue
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 |
|---|---|---|---|
| Oct 23, 2020 | Sold | ||
| Sold | |||
| Aug 16, 2020 | Listed by Keller Williams Realty | $175,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Property is currently zoned Neighborhood Commercial. Great location for a small business or office!!. Previously has been a hair salon and an Insurance Agency office. Home - building structure will need renovation or tear down. Lot large enough for business parking behind building. Value in the Land due to location and current zoning. Could be rezoned back to residential if desired.
| |||
| May 15, 2020 | Sold | ||
| Sold | |||
| Apr 10, 2020 | Listed by League Real Estate | $150,000 | |
| Listed by League Real Estate | |||
Property Highlights
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About Ryan Place
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,150 /mo
- 2 Beds
- 1 Bath
- 750 ft²
$2,100 /mo
- 4 Beds
- 2 Baths
- 2,340 ft²
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14319708
Details provided by NTREIS and may not match the public record
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Address: 335 Madison Avenue, New York, NY 10017