281 Front St
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 |
|---|---|---|---|
| Nov 4, 2024 | Sold | ||
| Sold | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 13, 2024 | Listed by Keller Williams Realty | $499,900 | |
| Listed by Keller Williams Realty | |||
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Charming antique home makes an idyllic canvas for your renovation dreams. More than a handyman special and well worth a look. Set off the road on a spacious lot with a fully fenced in yard, you are welcomed by the covered front porch as you approach the house from the circular driveway. Situated in a conveniently located, established neighborhood, this property is perfect for those with a vision to restore a piece of history to its former glory. 3 generous bedrooms with ample potential for customization and 2 full bathrooms ready for modern upgrades, this home is studded, plumbed and ready for sheetrock inside. There is space for a fireplace in the great room on the first floor and in the basement. The upgraded poured concrete foundation and addition were built in 1990 and include the great room with 2 French doors out to the would-be deck and 2 bedrooms, a walk-in closet and full bathroom upstairs. Basement can be finished. Metered gas is available and in place. Boiler is 2 years old.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017