247 N 3rd Street
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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 25, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| Aug 23, 2024 | Listed by RE/MAX City Square | $685,000 | |
| Listed by RE/MAX City Square | |||
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Discover the perfect blend of comfort and convenience with this expanded ranch, nestled on an oversized 100 x 100 lot in the heart of Bethpage, Long Island. This inviting home boasts 3 spacious bedrooms and 2.5 baths, offering ample space for relaxation and entertainment. The heart of the home is a massive 600 sq. ft. living/dining room, featuring a cozy wood-burning stove that adds warmth and character to the space. Whether hosting gatherings or enjoying quiet nights in, this room is designed for both comfort and style. The oversized master bedroom provides a peaceful retreat, while the finished basement offers additional living space, perfect for a home office, playroom, or media center. Step outside to your private oasis, where tall hedges create a serene and secluded backyard. The expansive yard is ideal for entertaining, with plenty of room for pets to roam and kids to play. A large 30 ft. diameter above-ground pool completes this outdoor haven, making it the perfect spot for summer fun. Ideally located just a 2-minute drive from the LIRR station, this home offers a quick and easy commute to NYC. Bethpage is a vibrant town, featuring an ice rink, town pool, and numerous recreational activities, making it a great place to call home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017