2466 Loft 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%.
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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 |
|---|---|---|---|
| Jun 21, 2023 | Sold | ||
| Sold | |||
| Apr 2, 2023 | In contract | - | |
| In contract | |||
| Mar 15, 2023 | Listed by Park Avenue Realty LB | $599,000 | |
| Listed by Park Avenue Realty LB | |||
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This 4 bedroom Baldwin House is situated in the Oceanside School district. The house, built in 1937, is located on a dead end street, 10 blocks from Mount Sanai South Nassau Hospital. The property is 60x100 and has a fully fenced back yard. The 1 1/2 detached garage has room for a workshop and storage. The house has a new roof ( January 2023) and the interior is currently being painted. The owners have lived in this house for over 50 years.
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| Mar 1, 2023 | Listed by Park Avenue Realty LB | $599,000 | |
| Listed by Park Avenue Realty LB | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017