271 Sunset ROAD
About This Property
CG zoning allows for a Veterinary animal hospital, boarding facility, dance or art studio, bank or financial services, child daycare, drug store, pharmacy, dry cleaners, general retail sales and services, medical services, mini-warehouses, car wash, professional services, restaurant, and wholesale services. This is just a few options from a long list of development options that you can do here (see complete list in the attachments).
The price shown in this listing is just for reference, as the price for this property will be established at auction. There is no meaning if the price in this listing fluctuates from time to time as the actual price will be determined at auction. There is no published minimum or starting bid, you may bid any amount at the online auction when it opens. The Online Auction will be Sept. 19 ~ 30. Note: GPS may not bring you to this location accurately, please make note of the location online before you visit and look for the auction signs.
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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 |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Oct 29, 2024 | In contract | - | |
| In contract | |||
| Aug 20, 2024 | Price Increased |
$345,678
↑ $111K
(47.4%) | |
| Price Increased | |||
| Aug 9, 2024 | Price Increased |
$234,567
↑ $111K
(90%) | |
| Price Increased | |||
| Jul 25, 2024 | Price Decreased |
$123,456
↓ $420K
(77.3%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017