308 Quitman 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 |
|---|---|---|---|
| Aug 22, 2024 | Sold | ||
| Sold | |||
| Jul 25, 2024 | In contract | - | |
| In contract | |||
| Jul 17, 2024 | Listed by JPAR-The Sears Group | $400,000 | |
| Listed by JPAR-The Sears Group | |||
| | |||
|
Craftsman charm meets modern convenience in this meticulously renovated property spanning 1800 square feet. The main house (1200 SF - 2 bed/2 bath) boasts a seamless blend of wood & tile flooring throughout, complemented by crown molding, new windows & shutters. A sleek white kitchen features quartz countertops & stainless steel appliances including microwave, dishwasher, & 5 burner gas range. Enjoy the comfort of ceiling fans in the family room and both bedrooms. A standout feature is the 600 square foot garage converted into a 1 bed/1 bath apartment with a kitchen area and full bathroom, ideal for guests or rental income. Recent upgrades include a NEW ROOF in 2020 for the main house and 2024 for the garage apartment, along with an automatic gate and gravel driveway. Relax on covered front and back porches overlooking the landscaped yard. This property INCLUDES Refrigerator & Washer/Dryer.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017