2809 Central Street
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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%.
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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 24, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $400,000 | |
| Listed | |||
| | |||
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**New Price** Sold As/Is. Extra Wide Live/Work home that can be configured for a mix of offices and bedrooms. Good amount of original vintage detail with updates throughout. Central Air. 7 parking spaces. 7 Offices and 2 Conference rooms as currently configured. Most recently used as offices - kitchen is currently upstairs. Large unfinished attic and basement for storage. In the heart of the Central Avenue commercial business district. Great for medical, artist, retail, consultant who wants a home with offices.
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| Mar 7, 2017 | Listed by Dream Town Realty | $400,000 | |
| Listed by Dream Town Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017