2839 Philip Avenue
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 |
|---|---|---|---|
| Jul 1, 2025 | Sold | ||
| Sold | |||
| May 24, 2025 | In contract | - | |
| In contract | |||
| Apr 25, 2025 | Price Decreased |
$759,000
↓ $20K
(2.6%) | |
| Price Decreased | |||
| Mar 22, 2025 | Listed by Morris Park Realty Group | $779,000 | |
| Listed by Morris Park Realty Group | |||
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Throggsneck location , this modern & bright home is completly renovated top to bottom, main entry foyer walks in has new porcelain tile floors, studio apartment with new kitchen , quartz counter tops , marble tile bathroom, walk out access to a large brick paved patio & back yard, second floor has three bedrooms, hardwood floors throughout , custom wood wainscoting throughout, new kitchen has stainless steel appliances, quartz counter tops, large terrace with natural stone tile, recessed LED lighting, full bathroom, plenty of closet space, one car attached garage fully finished with tile floor and electric opener, close to public transportation.
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| Feb 11, 2025 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017