31 Mitchell 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%.
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 |
|---|---|---|---|
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Mar 30, 2024 | In contract | - | |
| In contract | |||
| Mar 20, 2024 | Listed by Mayflower Realty Group | $549,900 | |
| Listed by Mayflower Realty Group | |||
| | |||
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Welcome to 31 Mitchell St..... Like BRAND New Construction 3-4 bedrooms 2 bathrooms ~ TOTALLY RENOVATED with designer finishes! This home features a spacious open concept floor plan & tons of natural light. NEW architectural roof, windows, plumbing, electric, & high efficiency central AC & heat system! Brand new Electrical with 200AMP service. Gleaming hardwood floors! Designer kitchen with white shaker cabinets, quartz countertop, tile back splash and stainless steel appliances. Beautiful chic bathroom with new tub and subway tile. New second level master bedroom with recessed lights. Second floor features a new bathroom with tiled shower. New hot water heater! Fenced in private backyard. Excellent potential to finish the basement. Minutes to shopping, Route 93 & Route 95! This one will sell fast!
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| Feb 9, 2024 | Sold | ||
| Sold | |||
| Apr 17, 2023 | Delisted | - | |
| Delisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017