271 Florence Ave
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 3, 2025 | Sold | ||
| Sold | |||
| Jan 28, 2025 | In contract | - | |
| In contract | |||
| Jan 8, 2025 | Listed by Arborview Realty Inc. | $1,150,000 | |
| Listed by Arborview Realty Inc. | |||
| | |||
|
Beloved family home has been meticulously cared for by its owners for nearly 50 years and is now ready for its next chapter! It has been well-maintained & awaits only cosmetic updates. An ’08 addition to the right side increased the bedroom sizes, plus created a primary suite & bonus room off the garage. The major systems were also done at this time & are in good working order. The home greets you with a large foyer that flows into the fireplaced living room, and the dining room boasts charming built-in corner hutches. An L-shaped eat-in kitchen w/ample cabinets has a large pantry & access to the rear yard. Ascend only a few steps to the 2nd flr to find 4 beds, including the oversized primary suite with walk-in closet. All bedrooms have mini-splits for A/C. Additional family room on ground level with 3/4 bath w/direct garage access. Garage leads to bonus rm ideal for office and/or gym. Desirable location providing access to highways, Mass Ave public transit, restaurants, shops & cafes.
| |||
| Apr 16, 1976 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017