32 Southard 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 |
|---|---|---|---|
| Sep 10, 2024 | Sold | ||
| Sold | |||
| Jul 2, 2024 | In contract | - | |
| In contract | |||
| Jun 11, 2024 | Listed by Sailing Home Realty of L I LLC | $509,000 | |
| Listed by Sailing Home Realty of L I LLC | |||
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This home currently requires some tender loving care (TLC), and presents an excellent opportunity for first-time home buyers wanting to make it their own, investors or handymen. Located in a desirable location, you can update this 3-bedroom, 1.5Bath Colonial home into your very own. 1st Floor offers a Den in front of home, a Half Bath, a Large Living Room (wood floors under carpet) & Formal Dining Room with Wood Floors, Eat-In Kitchen with Pergo Floors, a Stainless Steel Refrigerator & Gas Stove, another Den with Wood-Burning Fireplace (not working) in back of home with Door to Backyard. The 2nd Floor offers 3 nice size Bedrooms with Wood Floors and a Full Bath. An attic with pull-down stairs for storage. The Full Unfinished Basement has area for Storage, Bar, Laundry & Utilities. Additionally, it features a 50x136 beautiful backyard for Entertaining, plenty of room for a Pool and Firepit. The possibilities of landscaping are endless. This property could be an ideal project for those looking to enhance and maximize its potential. 1-Car Detached Garage, Gas Steam Heat 1 Zone, Gas HW Heater, Roof is approx. 8 years old - 1 Layer. Private driveway. Low Taxes of Approx. $12,838 - with Star Approx. $11,351! View this home and see the potential this home has before it's gone!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017