2649 1ST Avenue
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 |
|---|---|---|---|
| Apr 24, 2025 | Sold | ||
| Sold | |||
| Mar 14, 2025 | In contract | - | |
| In contract | |||
| Mar 7, 2025 | Listed by RE/MAX Solutions | $235,000 | |
| Listed by RE/MAX Solutions | |||
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Perfectly sized for your needs! Whether you're looking to downsize or purchase your first home, this charming Cape Cod in a convenient Rotterdam location is ready for you. The working kitchen flows into the dining area, with easy access to the first-floor bedrooms and full bath. Upstairs, a spacious bedroom offers excellent storage. Don't miss this fantastic opportunity!
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| Feb 10, 2022 | Sold | ||
| Sold | |||
| Jul 30, 2021 | Listed by KW Platform | $159,000 | |
| Listed by KW Platform | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017