314 Bomar Street
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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 |
|---|---|---|---|
| Jun 3, 2024 | Sold | ||
| Sold | |||
| May 7, 2024 | In contract | - | |
| In contract | |||
| May 3, 2024 | Listed by Greenwood King Properties - Kirby Office | $519,000 | |
| Listed by Greenwood King Properties - Kirby Office | |||
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Wonderful free standing home in the vibrant Montrose area. With 3 bedrooms and 3 & 1 ½ baths this home boasts a thoughtful layout designed for both comfort and functionality with abundant storge throughout. Second floor living and kitchen is a wonderful gathering space with large windows that invite in plenty of natural light. Downstairs, you'll find a versatile space that can serve as one the secondary bedrooms and an office space. The fully fenced backyard and side yard offer privacy and a perfect retreat for relaxation or entertaining. On the third floor is the primary suite which is a tranquil oasis complete with a luxurious en-suite bathroom and ample closet space. Situated in the heart of Montrose, you'll enjoy the nearby Museum District, Downtown, Medical Center, parks, and great restaurants and nightlife. Recent updates include paint and carpet (4/2024), HVAC (9/2019), New Roof (8/2020), water heaters (6/2020), and new garage door (6/2020). All info per seller.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017