307 W Main Street
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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 |
|---|---|---|---|
| Aug 7, 2023 | Sold | ||
| Sold | |||
| Jun 21, 2023 | Listed by Morton Signature Properties | $229,000 | |
| Listed by Morton Signature Properties | |||
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Extra large home with space or an in-home business. Home currently has 6 bedrooms and two large living areas with three full baths. there is a fenced in back yard with a storage building and additional space behind the home with a large metal building. Many options with the amount of land. The HVAC system was replaced as well as the roof. Small town charm and close enough to drive to several cities for shopping. Come see this home and make it yours.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017