309 Sikes Street
About This Property
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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%.
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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 2, 2022 | Sold | ||
| Sold | |||
| Sep 19, 2021 | Listed by Golshan Realty | $239,500 | |
| Listed by Golshan Realty | |||
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Personal home of a general contractor for over twenty years, situated on a generous size 6,250 sq ft lot (125’ by 50’) close to the Independence Heights area. Roof replaced in 2019, has double pane windows, and property has been structurally and mechanically maintained by the owner (general contractor) throughout the years. Primed for cosmetic remodels and then in the future build on the double track lot. Property is centrally located with convenient access to two major freeways (610 and 45). Also within a short drive to major grocery stores and restaurant. Property has 10’x20’ storage shed in the backyard that can be used as a workshop as well. Please review the pictures which have descriptions and more details.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017