311 Mitchell Ave
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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 |
|---|---|---|---|
| Jul 11, 2022 | Sold | ||
| Sold | |||
| May 9, 2022 | Listed by C21/ Action Plus Realty | $435,000 | |
| Listed by C21/ Action Plus Realty | |||
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Take a staycation this summer. This 4 Bedroom split checks every box! Located blocks from train station - offering quick commute to NYC. 15 x 30 inground pool, large patio ideal for BBQs, 6 person hot tub on Ground floor just inside back door. 8 year young kitchen with stainless steel appliances, granite tops, oak cabinets, water proof manufactured flooring. This baby split home tucks two bedrooms on 2nd floor and 2 on 3rd floor...with walk up attic ideal for storage or possible expansion.
15 year young roof, HVAC system - 12 years, Water heater - 12 years. Nestled in the heart of downtown Linden. Walk to shops and dining.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017