29 Watt Ave
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 29, 2016 | Sold | ||
| Sold | |||
| Jun 10, 2016 | Listed by Ideal Real Estate Services, Inc. | $168,900 | |
| Listed by Ideal Real Estate Services, Inc. | |||
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Great location only two houses up from Electric Park, this 5 room, 3 bedroom, one and a half bath ranch with hardwood floors throughout is in move in ready condition. Updates include vinyl replacement tilt in windows, 30 year roof (2005), and new electrical panel. Natural gas is available on the property at the edge of the road. Walk out basement has a professionally installed All-nighter wood stove, huge family room, and half bath. From the walkout you can spend mornings or evenings under a Sunsetter awning on your patio enjoying your easy to maintain large stockade fenced back yard. Front yard is easy to maintain and beautifully landscaped with sprinklers. Great opportunity for the first time homebuyer or downsizer.
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| Sep 28, 2007 | Sold | ||
| Sold | |||
| Aug 10, 2007 | Listed by Ideal Real Estate Services, Inc. | $179,900 | |
| Listed by Ideal Real Estate Services, Inc. | |||
| Jul 15, 2004 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017