318 Washington 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%.
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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 |
|---|---|---|---|
| Nov 17, 2022 | Sold | ||
| Sold | |||
| Sep 12, 2022 | In contract | - | |
| In contract | |||
| Aug 18, 2022 | Listed by Exit Realty Connections | $250,000 | |
| Listed by Exit Realty Connections | |||
| May 11, 2022 | Sold | ||
| Sold | |||
| Oct 12, 2021 | Listed by Exit Realty Connections | $220,000 | |
| Listed by Exit Realty Connections | |||
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Cute starter home with open floor plan and private back yard area, tucked in private location. Renovated in 1990's, vaulted ceilings.The other properties are #316, #320 and #326 Washington Ave. which are also listed separately. All four properties can be sold as a package for $800,000. Plenty of parking for all tenants and they are all currently rented with long term tenants. Do not go on property without appointment!
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About Beacon
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$7,900 /mo
- 4 Beds
- 3 Baths
- 2,318 ft²
$2,600 /mo
- 1 Bed
- 1 Bath
- 579 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017