2506 North 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%.
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 |
|---|---|---|---|
| May 18, 2021 | Sold | ||
| Sold | |||
| May 1, 2021 | Listed by Exceed Realty | $169,900 | |
| Listed by Exceed Realty | |||
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WELCOME HOME! Wonderful SINGLE STORY 3 bedroom, 1 bath home is the PERFECT PLACE TO CALL HOME! Brand NEW CONCRETE DRIVEWAY can easily accommodate multiple vehicles. OPEN CONCEPT FLOOR PLAN with living area open to dining room featuring a GORGEOUS CHANDELIER! Beautiful tile flooring throughout the entire home, NO CARPET! The kitchen features a gas stove and double stainless steel sink with plenty of storage space. All rooms have ceiling fans throughout the entire home. The EXTRA SPACIOUS LAUNDRY ROOM is conveniently located inside the home. Last but not least, there is approximately 209 SF (19'x11') detached building with feasible living space in the LARGE BACKYARD! Plumbing is available to install a full bath and kitchenette! This space could be GREAT RENTAL INCOME! There are also 2 storage sheds in the backyard. One shed measures approx. 4'x8' and the other measures approx. 7'x20'. Schedule your appointment today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017