246 Jerusalem 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 7, 2024 | Sold | ||
| Sold | |||
| Jul 28, 2024 | In contract | - | |
| In contract | |||
| Jul 17, 2024 | Listed by Realty Connect USA LLC | $749,000 | |
| Listed by Realty Connect USA LLC | |||
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Discover the space and charm of this expansive 5-bedroom, 3-bathroom Hi Ranch home. Perfect for entertaining. The oversized yard provides ample space for outdoor activities and entertaining, while the home's prime location ensures easy access to all amenities. Upstairs Level offers a Spacious living room, Elegant Dining Room, well-equipped Kitchen and 3 comfortable bedrooms, full bath. Lower Level has a Summer kitchen with sliding doors leading to an oversized backyard. Two additional bedrooms, Two full bathrooms, Cozy den/living room with a separate entrance. A Laundry and utility room complete the lower level. The former 2-car garage has been thoughtfully converted into additional living space. Beautiful ceramic and wood floors, modern kitchen cabinets, and a recently updated boiler with an above-ground oil tank add to the home's appeal. This exceptional property offers room for everyone and endless possibilities. Don't miss out on this great opportunity - It won't last long!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017