251 Third 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 |
|---|---|---|---|
| Jul 29, 2017 | Listed | $999,999 | |
| Listed | |||
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NEW CONSTRUCTION To BE BUILT by Porraro Homes Inc. known for custom construction with highest attention to quality and detail. This home offers flexible and modern living with a designer kitchen open to the bright and spacious dining and living rooms. Also on the first floor is a bedroom, full bath, mudroom and office/den. The second floor includes the luxurious master suite with walk in closet and bathroom. Two additional bedrooms upstairs share a Jack and Jill bathroom with the added luxury of private sink areas. Head down the open staircase to the lower level which is finished and includes a full bathroom. Enjoy the great outdoors on the large wrap around front porch or in the charming backyard. With the desirable location Fair Haven is yours to enjoy! 3200 includes lower level. The manager has listed the unit size as 3200 square feet.
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| Apr 4, 2017 | Sold | ||
| Sold | |||
| Jan 25, 2017 | Listed by Gloria Nilson & Co. Real Estate | $379,000 | |
| Listed by Gloria Nilson & Co. Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017