29 Main Street
About This Property
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Cap Rate Calculator
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 25, 2024 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Sep 3, 2024 | Listed by Coldwell Banker Hickok and Boardman | $275,000 | |
| Listed by Coldwell Banker Hickok and Boardman | |||
| Aug 20, 2020 | Sold | ||
| Sold | |||
| Jun 4, 2020 | Listed by Coldwell Banker Hickok and Boardman | $167,562 | |
| Listed by Coldwell Banker Hickok and Boardman | |||
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In the right hands, this Main Street 3 bedroom house could be transformed into a lovely home in a convenient location. With compelling features 3 season front porch, shiny paneled walls, hardwood floors, huge mud room, and back deck, a talented re-modeler could do a complete makeover and turn it into the most charming house on the street. The kitchen has plenty of storage and good natural light. Three sun-filled bedrooms on the second floor each have their own personality. The large, flat backyard is perfect for any number of ball games, awesome gardens, or a swimming pool. The potential for this house and all it can be is endless. It awaits a new owner who can recognize its potential and give it a whole new life.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017