291 Ames St
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 |
|---|---|---|---|
| Jun 7, 2023 | Sold | ||
| Sold | |||
| May 10, 2023 | Withdrawn | - | |
| Withdrawn | |||
| May 10, 2023 | In contract | - | |
| In contract | |||
| May 2, 2023 | Price Increased |
$450,000
↑ $100
(0%) | |
| Price Increased | |||
| May 1, 2023 | Listed by HomeSmart Heritage Realty | $449,000 | |
| Listed by HomeSmart Heritage Realty | |||
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This newly renovated multi generational home features an in-law for aging family or a space to host your personal business. Both kitchens feature sleek shaker cabinets with granite counters and stainless steel appliances. Restored hardwoods throughout much of the home give a warm yet modern feel to a classic cape style home. New fence and landscaping provides privacy and gorgeous space for hosting summer cookouts and entertaining guests. New roof, boiler,and windows will give you peace of mind for years to come in your new home. Handicap ramp can be removed prior to closing upon request.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017