297 First Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 10, 2024 | Sold | ||
| Sold | |||
| Apr 23, 2024 | Listed by RE/MAX MID-MICHIGAN R.E. | $335,000 | |
| Listed by RE/MAX MID-MICHIGAN R.E. | |||
| Oct 25, 2021 | Sold | ||
| Sold | |||
| Sep 8, 2021 | Listed by HOWARD HANNA REAL ESTATE SERVI | $309,900 | |
| Listed by HOWARD HANNA REAL ESTATE SERVI | |||
| | |||
|
Turn-key 4 bedroom ranch with a full finished walkout with approximately 2800 sq ft of finished living space. Amenities include a large kitchen with pantry and stainless appliances, living with gas fireplace, main bedroom with large walk-in closet and bath with whirlpool tub, main level laundry, finished walkout with 4th bedroom, full bath with tile shower, family room with electric FP and large bar with sink, game room or 5th non-conforming bedroom, large patio at walkout, large deck off kitchen, cement steps leading to large private back yard, 12 x 16 shed originally built for a playhouse and has electricity along with an electric wall heater, & basketball court. New paint throughout including trim, all new carpet, new fixtures, and new appliances within that last year. Generator hookup. Underground dog fence just 1 year old included with collars (a $3600 expense to install). This is a great location in the Village of Concord within walking distance to the school and the Falling Waters Trail. Great place to raise a family or if you are looking for a 1 story to retire in with room for an extra outbuilding this home will be ideal. Original owner
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017