2932 56Th Ave
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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%.
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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 |
|---|---|---|---|
| Aug 7, 2024 | Sold | ||
| Sold | |||
| Jul 11, 2024 | Listed by Compass | $769,000 | |
| Listed by Compass | |||
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Charming 1920’s Bungalow split-level home boasts a bright and spacious open floor plan with great indoor/outdoor flow. The expansive living room with a beautiful fireplace, opens to the dining room perfect for dinner parties and entertaining. Gleaming hardwood floors throughout. Gorgeous updated chef’s kitchen is well-equipped with quartz and butcher block countertops, stainless steel appliances and features a breakfast bar. Beautifully updated bathroom has a tiled shower over tub. Unwind at the end of the day on the deck or gorgeous landscaped yard with patio and garden. Tons of improvements including seismic reinforcement, updated electrical and plumbing, a remodeled kitchen and bathroom, deck, gutters, dual-pane windows, and more. There is a bonus basement room with a ton of potential for art studio, office, storage + The large detached garage has plumbing and sewer in place for tub, sink, and toilet. Long driveway with EV charger. Situated on a lovely tree-lined street in Mills Gardens. Near Mills, Maxwell Park, Laurel, Diamond, Fruitvale, East Bay Regional Parks, and freeways. AC Transit and 2.2 miles to BART!
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| Jul 22, 2020 | Sold | ||
| Sold | |||
| Jul 1, 2020 | Listed by RED OAK REALTY | $749,000 | |
| Listed by RED OAK REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017