2525 Locust St
About This Property
New gourmet kitchen with quartz counters, commercial quality Cafe appliances and a center island.
Perfect for entertaining and just relaxing with a kitchen that is open to a living room and dining room plus a generous backyard with a new patio.
You will appreciate the open floor plan and vintage home details, like the large bow window that lights the living room and dining room, a generous living room with original sconces and fireplace and an inviting flagstone walk to the front door.
New bathroom with marble tile floor, marble topped vanity and marble accents.
Master bedroom overlooks backyard and has a cedar closet right outside door in addition to closet in master bedroom.
New central air conditioning and recently installed furnace.
The finished basement includes a large family room with a fireplace and original built-ins. There is also a bedroom with an egress window, a new bath and laundry.
This home has many other updates like updated plumbing, new or recently updated windows, electrical updates and many other features.
Take this unique opportunity to move into this wonderful renovated home on an oversized lot, conveniently located only 5 blocks to neighborhood shops on Kearney!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 24, 2022 | Sold | ||
| Sold | |||
| Mar 3, 2022 | Listed by RE/MAX of Cherry Creek | $840,000 | |
| Listed by RE/MAX of Cherry Creek | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017