29
Map
294 W Armour
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 |
|---|---|---|---|
| Mar 25, 2025 | Sold | ||
| Sold | |||
| Mar 5, 2025 | In contract | - | |
| In contract | |||
| Dec 7, 2024 | Listed by The Real Estate Service | $195,000 | |
| Listed by The Real Estate Service | |||
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This property has been thoroughly maintained by the current owners, they purchased the property and added all the improvements that are now present on the property. There is also an additional power pole in th back yard that is capable of providing additional electric service inclusive of RV power capabilities. The property is completely surrounded by a fence that gives the owners additional security and if children are present it also protects them from the occasional traffic. New Kitchen appliances were purchased to replace the ones that came with the home.and all of them are reputable brand names.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017