2650 NE 50th 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 |
|---|---|---|---|
| Jun 12, 2026 | Sold | ||
| Sold | |||
| May 30, 2026 | In contract | - | |
| In contract | |||
| May 21, 2026 | Price Decreased |
$899,000
↓ $36K
(3.9%) | |
| Price Decreased | |||
| May 6, 2026 | Listed by LoKation | $935,000 | |
| Listed by LoKation | |||
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Extra-spacious, light and bright, 2 BR, 2 BA home offers all impact windows, newer roof and complete pipe replacement. With all these concerns taken care of, you can enjoy sitting under your covered patio, or soak in the sun poolside without a care in the world! The truly over-sized lot means that you have room to roam, enjoy additional garden areas in this spacious yard with extra room on each side-including space for boat or trailer. Open social areas are light and bright and great for entertaining. The kitchen is spacious and has Great view! Has Plenty of room to build a third bedroom. New A/C, water heater and refrigerator. Turn key move in.
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| Jul 21, 2023 | Sold | ||
| Sold | |||
Property Highlights
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About Lighthouse Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017