2873 Ely Avenue #2
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 |
|---|---|---|---|
| Mar 3, 2022 | Sold | ||
| Sold | |||
| Dec 1, 2021 | Listed by New Middleton Realty Inc. | $360,000 | |
| Listed by New Middleton Realty Inc. | |||
| | |||
|
***LOCATION LOCATION LOCATION*** located only 15 *SHORT* miles from midtown! 30 *QUICK* minutes to Grand Central Station only 2 Block *WALK* to the express bus to Manhattan and only 3 Block *WALK* to BayPlaza Shopping Center. This well-maintained beautiful Semi-detached brick TownHouse with tax abatement until 2036! boast a two-bedroom, two-bathroom, open floor plan, Stainless steel appliances balcony, and garage with driveway ***A/O showing for backup only*** Additional Information: ParkingFeatures:1 Car Attached,
| |||
| Jul 15, 2014 | Sold | ||
| Sold | |||
| May 1, 2012 | Sold | ||
| Sold | |||
| Oct 24, 2011 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/01/2021
|
2 Bed
|
2 Bath
|
-
|
$360,000
2 Bed
2 Bath
|
$370,000
+2.78%
03/03/2022
|
Delroy G. Smith
List 4 Less Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017