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2819 Ostrom Avenue
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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 |
|---|---|---|---|
| Oct 18, 2019 | Sold | ||
| Sold | |||
| Sep 5, 2019 | Listed by First Team Real Estate | $848,000 | |
| Listed by First Team Real Estate | |||
| May 15, 2019 | Sold | ||
| Sold | |||
| Apr 16, 2019 | Listed by RE/MAX College Park Realty | $640,000 | |
| Listed by RE/MAX College Park Realty | |||
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Tons of potential in this 3 bedroom, 2 bathroom + family room Plaza home. Great location in the beautiful Plaza area of East Long beach. Walk to El Dorado Park, library, schools, shopping, restaurants and coffee houses. Located in the school districts of: Emerson Elementary, Stanford Middle School & Millikan High. Bring your vision to make this charmer your home. Spacious kitchen with tons of cabinets, built-ins and eating area. The open living room has a cozy fireplace and a dining area with built-in cabinets. The spacious family room has a wall of cabinets and a 3/4 bathroom. Home has forced air heating, copper plumbing and double pane windows (except in the family room.) Both front and back yards are low maintenance. Sit on the front patio and enjoy the summer evenings or a morning cup of coffee. There are wood floors under the carpeting in the original portion of the home. Located in a very popular area of East Long Beach - the Plaza area has it all!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017