3201 Catnip Street
About This Property
Starting with a Texas-sized, fully enclosed front courtyard entrance, the home features new plumbing, new electrical, a 5-ton refrigerated A/C system, and a tankless water heater. The gourmet kitchen is equipped with incredible appliances, complemented by a walk-in pantry that truly must be seen to be believed. And the master bath? It's a show-stopper, adding to the home's abundant ''WOW'' factor.
There's no carpet anywhere in this beauty, and every room is pre-wired for TV installation.
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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 |
|---|---|---|---|
| Apr 26, 2025 | Sold | ||
| Sold | |||
| Apr 15, 2025 | In contract | - | |
| In contract | |||
| Apr 8, 2025 | Listed by ERA Sellers & Buyers Real Esta | $287,500 | |
| Listed by ERA Sellers & Buyers Real Esta | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017