25 Otis
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 |
|---|---|---|---|
| Sep 3, 2020 | Sold | ||
| Sold | |||
| Jul 13, 2020 | Listed by Coldwell Banker Realty - Easton | $499,900 | |
| Listed by Coldwell Banker Realty - Easton | |||
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This Cape has room for everybody to spread out and even space to work from home. It has 4/5 bedrooms, 2 full baths,4 season sunroom/familyroom and fireplaced livingroom..The year round sunroom/familyroom has vaulted ceiling,skylights,ceiling fans, radiant floor heat which opens to the kitchen. Renovated country kitchen with breakfast bar, double wall ovens,5 burner gas range,2 pantries, hardwood floors.Separate dining room with hardwoods/wainscoting/bow window to a step down living room with wood burning fireplace & bow window. Main flr has 2 bedrooms with hardwoods/closets.There is an extra room that can be used as an office.3 generous bedrooms on the 2ndfloor with an additional full bath. Cedar closet in basement. Beautiful oasis backyard with raised planting beds, perennials and an in ground pool.Skylights(2020),windows 1stflr(2020),roof(2006),sunroom addition(2006), Virtual Tour Attached
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| Jul 2, 2020 | No longer available | - | |
| No longer available | |||
| Jun 11, 2020 | Price Decreased |
$549,900
↓ $20K
(3.5%) | |
| Price Decreased | |||
| May 19, 2020 | Price Decreased |
$569,900
↓ $10K
(1.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017