246 Prince 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 |
|---|---|---|---|
| Nov 5, 2023 | No longer available | - | |
| No longer available | |||
| Oct 31, 2023 | Listed by J. Edwards Real Estate | $185,000 | |
| Listed by J. Edwards Real Estate | |||
| | |||
|
Investor Special.
The bones of the house are great. Concrete block with new roof in 2020. Ac is 2017 and the water heater was replaced in 2021. The bathroom and plumbing to bathroom was redone in 2021. The manager has listed the unit size as 874 square feet.
| |||
| Sep 28, 2021 | Sold | ||
| Sold | |||
| Aug 31, 2021 | Listed by RE/MAX Elite | $139,900 | |
| Listed by RE/MAX Elite | |||
| May 8, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017