3047 Prospect Avenue
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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 |
|---|---|---|---|
| Dec 8, 2022 | No longer available | - | |
| No longer available | |||
| Dec 1, 2022 | Price Decreased |
$980,000
↓ $20K
(2%) | |
| Price Decreased | |||
| Nov 18, 2022 | Listed by JohnHart Real Estate | $1,000,000 | |
| Listed by JohnHart Real Estate | |||
| | |||
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Set on a peaceful street resides an immaculate Tudor home with a beautifully landscaped exterior and a long driveway that leads you straight to the backyard. This charming home offers a classic floorplan consisting of 3 bedrooms and 1 bathroom. The home has elegant decorative windows, wood flooring complimented by thick baseboard moldings, recessed lighting, plenty of storage space, built-ins and much more. There is formal living room that is perfect for relaxing or for entertaining guests at home. Create delicious meals or your favorite beverage in a gorgeous kitchen equipped with stainless steel appliances, a decorative backsplash, sleek countertops, and clean white cabinets embellished with gold fixtures. The bathroom has modern fixtures and a double sink vanity. Bedrooms are all bright and spacious. Convenient laundry area inside. Huge backyard with privacy, a lush green lawn, and a good-sized patio where you can add outdoor seating. Prime La Crescenta location. Part of an incredible award-winning Blue-Ribbon School District. A short distance from schools, restaurants, supermarkets and much more. The manager has listed the unit size as 1209 square feet.
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| Sep 1, 2020 | Sold | ||
| Sold | |||
| May 9, 2020 | Listed by Hudson Realty Group | $777,000 | |
| Listed by Hudson Realty Group | |||
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About La Crescenta-Montrose
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017