2601 9TH AVE
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%.
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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.
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 |
|---|---|---|---|
| Nov 23, 2019 | No longer available | - | |
| No longer available | |||
| Nov 10, 2019 | Relisted | $997,000 | |
| Relisted | |||
| Nov 9, 2019 | No longer available | - | |
| No longer available | |||
| Oct 25, 2019 | Listed | $997,000 | |
| Listed | |||
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BRIAN CHEEK - Agt: 510-325-4451 - Lovely 4/3 home with ADU potential and has retained many of its original architectural details. It sits along the row of palm trees that once bordered the Arbor Villa estate in the 1890s. The entry has handsome unpainted oak trim with leaded glass windows, high ceilings, wood moldings and an Arts and Crafts fireplace. The living room is big and bright, and through an arched doorway is a large formal dining room. Off the living room are French doors leading into an office/sunroom. The kitchen offers Craftsman-style cabinetry and carved stone counters. A light-filled breakfast nook has doors leading out to an enclosed deck that overlooks the yard. Two bedrooms share a roomy vintage-style bathroom, and, at the end of the hall, the master bedroom has an en suite bathroom and access to the deck. Downstairs is a 4th bedroom and flexible bonus space with two separate entries. The private backyard is shaded by trees and has patio space for outdoor relaxation. Easy access to transportation. The manager has listed the unit size as 2474 square feet.
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| Apr 24, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017