292 MCIVER AVENUE & 290
About This Property
CASH ONLY. SOLD AS IS. DD ENCOURAGED TO BE DONE IN ADVANCE. MAX DD PERIOD ALLOWED, 7-10 DAYS. SELLER DOES NOT HAVE SURVEY. BUYER WILL BE RESPONSIBLE FOR PAYING ALL SELLER CC WITH THE EXCEPTION OF COMMISSIONS, INCLUDING TITLE FEES, TAXES, LIENS IF FOUND, LATE PROPERTY TAXES ETC IF DISCOVERED. MINIMUM BINDER TO BE HELD IN ESCROW $1500 PER 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 26, 2024 | Sold | ||
| Sold | |||
| Dec 21, 2023 | Listed by SANDBAR REALTY LLC | $45,000 | |
| Listed by SANDBAR REALTY LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017