309 Ling 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 |
|---|---|---|---|
| Jan 17, 2025 | Sold | ||
| Sold | |||
| Dec 27, 2024 | In contract | - | |
| In contract | |||
| Nov 28, 2024 | Listed by Century 21 Olympian Area Specialists | $399,000 | |
| Listed by Century 21 Olympian Area Specialists | |||
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This is the one!!! Impeccably maintained house with new upgrades. Live on the one Canal in the neighborhood that leads DIRECTLY to the Bay! Enjoy amazing sunsets from your expansive deck. Make your appointment today!
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| Mar 8, 2019 | Sold | ||
| Sold | |||
| Nov 5, 2018 | Listed by Lee DeForke Jr. | $306,000 | |
| Listed by Lee DeForke Jr. | |||
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Just in time for the end of the year purchase. Come see this meticulously maintained home on the water/canal in Bayou Vista. Lots of room down for entertainment and boat house, lift and party deck is ready for you. Upstairs has open concept with light and bright living/dining and kitchen combo with lots of cabinets and counter top space. Bedrooms have walk in closets and lots of natural lighting. Property has newer flooring, newer AC system, new dishwasher, and new lighting. There is plenty of room down in the tandem garage for two cars or a workshop. Covered parking with room for additional parking. Water front living and fishing in minutes.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017