262 Plain 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 |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| Jul 12, 2024 | In contract | - | |
| In contract | |||
| Jul 8, 2024 | Listed by Williams & Stuart Real Estate | $405,000 | |
| Listed by Williams & Stuart Real Estate | |||
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This charming one-level bungalow awaits its next owner to evoke its true potential. Large living/dining spaces and primary bedroom mean plenty of space for modern living. Original features include a large Craftsman-style porch, high tray ceilings, detailed wood doors and framed picture windows, and hardwood floors. Set back from the street on a sizeable tree-lined lot, with an oversized one car garage and private backyard. Full basement with rec room and plenty of unfinished space presents possibilities for future expansion. Being sold "as-is." Take advantage of this amazing opportunity to add value and personalize this home to your needs!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017