25 Vernal Street
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 |
|---|---|---|---|
| Jun 13, 2022 | Sold | ||
| Sold | |||
| May 9, 2022 | Listed by William Raveis R.E. & Home Services | $499,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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ONE OF A KIND. Don' miss out on this completely updated home. A MUST SEE INDOOR AND OUT. Located off Shore Ave. minutes from the beach. Outdoor living at its best include an oversize deck, 24X18, with Trek decking, vinyl railings and a Sunsetter retractable awning, "L Shaped" gas grill ensemble complete with bar stools. An 18X11 screened patio is located off the deck. New addition was added in 2011 with 2 bedrooms, main bath, laundry room, updated full bath as well as complete remodel of kitchen with granite counter top, cabinets, flooring and tray ceiling.New hickory flooring in living room. Upgraded heating and hot water system installed in 2020. Whole house natural gas generator added in 2012. Other amenities include vinyl fencing, 16X10 storage shed, enclosed outdoor hot & cold shower professional landscaping including irrigation system and cement driveway and side walks. DON'T MISS OUT ON THIS ONE!!!
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| Apr 30, 2008 | Sold | ||
| Sold | |||
| Apr 2, 2007 | Listed by Keller Williams Elite | $199,900 | |
| Listed by Keller Williams Elite | |||
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Nicely maintained home for summer or year round use - potential for expansion because of the double lot.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017