31 Cross Avenue
About This Property
All hardwood floors throughout, a gourmet kitchen with cherry cabinetry granite counter tops and sliders to a wooden deck, a great room off the kitchen, a huge living room, a powder room, second floor has 3 master size bedrooms, the master bedrooms has a newly remodel bath with a shower stall and the hallway bath is also remodel with a deep tub, freshly painted a huge yard fully fenced in, a two car wide driveway.
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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 |
|---|---|---|---|
| Feb 19, 2019 | Sold | ||
| Sold | |||
| Aug 25, 2018 | No longer available | - | |
| No longer available | |||
| Aug 22, 2018 | Listed by RE/MAX First Realty | $324,900 | |
| Listed by RE/MAX First Realty | |||
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About Monmouth
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Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21833402
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017