261 West St
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 |
|---|---|---|---|
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Oct 31, 2024 | In contract | - | |
| In contract | |||
| Oct 24, 2024 | Listed by NRG Real Estate Services, Inc. | $215,000 | |
| Listed by NRG Real Estate Services, Inc. | |||
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Charming and affordable, this 2-bedroom Cape offers endless potential! With an expandable layout on the second floor, this home is perfect for those looking to add value and personalize their space. The cozy main level features a bright living room, a functional kitchen, and two bedrooms, offering comfortable living as is. This diamond in the rough has good bones and is waiting for its next owner to restore it to its natural luster. Whether you're a first-time buyer or looking to downsize, this home provides a fantastic opportunity to create your dream space. Don't miss the chance to own a home with room to grow, all at an unbeatable price!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017