245 N 4th Street
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 |
|---|---|---|---|
| Nov 21, 2024 | Sold | ||
| Sold | |||
| Oct 2, 2024 | In contract | - | |
| In contract | |||
| Sep 20, 2024 | Price Decreased |
$460,000
↓ $15K
(3.2%) | |
| Price Decreased | |||
| Jul 8, 2024 | Listed by Invest SLO | $475,000 | |
| Listed by Invest SLO | |||
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Escape to the serene countryside with this charming, turn-key home! Nestled in a tight-knit cul-de-sac, this inviting property offers three spacious bedrooms, two bathrooms, and a two-car garage, along with ample driveway parking. Step inside to discover a recently updated and meticulously maintained interior. The welcoming foyer opens up to a bright and airy open-concept living space that seamlessly connects the living room, dining area, and kitchen. The kitchen is the heart of the home, featuring matching stainless steel appliances, elegant wood cabinetry, and abundant storage. The guest bedrooms are generously sized with large closets, while the master suite offers a walk-in closet and a double sink vanity for added luxury. This property has a lot of opportunity awaiting the righ buyer like the ability to convert the tough shed into a fully functioning ADU with just a few small tweaks (buyer to do their own due diligence). One of the standout features of this home is its perfect blend of rural tranquility and modern convenience, being just a short drive from Paso Robles. Relish in the charm of small-town living, complete with the ability to keep chickens and ample space for trailers, recreational toys, and tools. Not to mention, you can live completely off grid and enjoy your own solar system with two back up generators! Enjoy the peace and quiet of a quaint neighborhood while still being close to all the amenities you need. Don't miss this opportunity to embrace affordable country living at its finest!
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| Sep 18, 2018 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017