259 HILL Avenue
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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.
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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 |
|---|---|---|---|
| Aug 22, 2017 | Sold | ||
| Sold | |||
| Jan 17, 2017 | Listed by RE/MAX All Pro | $224,900 | |
| Listed by RE/MAX All Pro | |||
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Fabulous raised ranch in desirable Brookfarm neighborhood offers an excellent location and pristine condition. Large fenced backyard complete with patio and storage shed. Step inside to find wood laminate flooring throughout the home. Freshly painted upstairs hall, living & dining rooms. A large and inviting living room welcomes you and offers plenty of natural light. The adjacent dining room boasts a chair rail and backyard views. Prepare any size meal with ease in the roomy kitchen with ample cabinet and counter space, tile backsplash and eating area. Bedroom sizes are generous and the updated hall bath includes a solid surface vanity top. The lower level includes a spacious family room complete with new flooring & sliding door to the backyard patio. The private office could easily be converted to a 4th bedroom. The lower level also includes a 2nd full bath and laundry room. Additional features include pull down stairs to the attic, 1-car attached garage with keypad entry, and more.
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| Jul 13, 2007 | Sold | ||
| Sold | |||
| Dec 1, 2006 | Listed by RE/MAX Unlimited Northwest | $244,900 | |
| Listed by RE/MAX Unlimited Northwest | |||
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About Bartlett
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Last Updated: 2 years ago
Data Source: MRED, MLS# 06351648
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Address: 335 Madison Avenue, New York, NY 10017