2901 W 63rd 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 |
|---|---|---|---|
| Apr 30, 2024 | Price Decreased |
$105,000
↓ $5K
(4.6%) | |
| Price Decreased | |||
| Jan 23, 2024 | Listed | $110,000 | |
| Listed | |||
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2 MONTHS FREE LOT RENT! Great Open Concept 2017 3 Bedroom 2 Bath home. This home features upgrades and updates including Tape & Texture sheetrock walls throughout the home, new interior paint throughout the home, new flooring throughout, new light fixtures, new kitchen countertops and backsplash, newly updated kitchen and bathroom features. Brand new portable air conditioner that cools the entire home. Large laundry room and great functional space throughout the home. This home is in wonderful move in condition inside and out. This gem is such a great value at a steal of a price and will be ready for you to call HOME! It won't last long. Due to competitive pricing home is being sold as is but no known issues in the home. BACK ON MARKET AT NO FAULT OF THE HOME! BUYER'S LOAN FELL THROUGH! You are purchasing the home only in a lot rent community with lot rent of $945 per month. All adults in the home MUST be approved to live in the community. **Please contact listing agent for specialized lenders if financing is needed.**
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| May 3, 2023 | Sold | ||
| Sold | |||
| Dec 18, 2022 | Listed by CENTURY 21 Altitude Real Estate, LLC | $122,000 | |
| Listed by CENTURY 21 Altitude Real Estate, LLC | |||
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Welcome to this big, beautiful, open-concept mobile home. Spacious living areas including living room, dining room, kitchen, and family flow seamlessly into one another. Private master bedroom retreat with gorgeous, updated bathroom. New stucco, stone and concrete driveway. Off street parking for up to 3 cars! Ideally located for commuting, shopping, dining, and many other amenities. (Seller's current LOT LEASE is just $684/month) Manufactured homes don't qualify for a traditional mortgage. Contact agent for list of lenders. Community approval is required prior to closing.
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| Oct 17, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017