2424 Nottingham 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 |
|---|---|---|---|
| Feb 13, 2024 | Sold | ||
| Sold | |||
| Jan 12, 2024 | No longer available | - | |
| No longer available | |||
| Jun 26, 2023 | Listed by New Leaf Real Estate | $774,000 | |
| Listed by New Leaf Real Estate | |||
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Centrally located on a 5,150-square-foot lot, this charming home presents three bedrooms and one and a half bathrooms. Just steps from Rice University and Village, this home has incredible potential and upside. According to the seller, the following (less visible) items have been updated: PEX plumbing, electrical, whole-home water filtration system, tankless water heater, and sewer line. This home is ready for a new owner to add their own personal touches while enjoying all that the sought-after neighborhood has to offer, including trendy shopping and restaurants, great public schools and parks, Rice University, the cultural Museum District, and the Houston Medical Center. Home is being sold AS IS where is.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017