31 Main Avenue
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%.
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 |
|---|---|---|---|
| Sep 1, 2021 | Sold | ||
| Sold | |||
| Feb 10, 2006 | Sold | ||
| Sold | |||
| Sep 29, 2005 | Listed | $295,000 | |
| Listed | |||
| Feb 11, 2005 | Sold | ||
| Sold | |||
| Nov 30, 2004 | Listed by Today Real Estate, Inc. | $283,900 | |
| Listed by Today Real Estate, Inc. | |||
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This ranch is only a short distance to Onset Bay and village. It has much potential. It is being marketed with the seller doing the repairs, however until the work is started the seller will consider "as is" offers. The house has a new electric service and town sewer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017