246 West Main St
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 |
|---|---|---|---|
| Sep 26, 2024 | Sold | ||
| Sold | |||
| Sep 5, 2024 | In contract | - | |
| In contract | |||
| Aug 22, 2024 | Listed by People's Choice Realty | $719,900 | |
| Listed by People's Choice Realty | |||
| | |||
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Completely Renovated like new construction Cape with Chefs Kitchen with 8 ft island and high end SS appliances Quartz countertops Recessed lighting and Open floor plan to Fireplace Dining rm, New central air and heat with new plumbing and electric and beautiful gleaming Hardwood flooring through out house, New septic and new roof and a walk out Fireplace Family room
| |||
| May 23, 2024 | Sold | ||
| Sold | |||
| Apr 11, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017