314 West 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 |
|---|---|---|---|
| May 8, 2023 | Sold | ||
| Sold | |||
| Apr 2, 2023 | In contract | - | |
| In contract | |||
| Mar 23, 2023 | Listed by Compass | $1,049,900 | |
| Listed by Compass | |||
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OPEN HOUSE CANCELLED, AN OFFER HAS BEEN ACCEPTED!! This desirable, updated 4-bed colonial is conveniently located close to downtown and major highways! This property has been renovated and updated for today's lifestyle. As you enter the front door there is a light and bright living room featuring crown molding and a beautiful wood-burning fireplace. The open kitchen features stainless steel appliances, shaker cabinets, and a granite countertop. The beautiful kitchen flows to the open dining area and rear patio! On the upper floors, you have 3 spacious bedrooms, 2 beautifully renovated bathrooms, and a fourth bedroom perfect for a home office or nursery. Ample closet space and laundry complete these floors. The partially finished basement offers a great area for a home gym or playroom. The two-car garage has been updated with new doors, motors, lighting, and paint. This is a rare find in Reading!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017