321 Porter Street
About This Property
Whether you're a professional looking for convenience or an investor, this is a great opportunity! The property needs some TLC so bring your creative vision for the possibilities, and make this property your investment! Make an offer before it's gone! Buyers are advised to do their own due diligence!
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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 |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 15, 2024 | In contract | - | |
| In contract | |||
| Aug 16, 2024 | Listed by General Realty Group,Inc. | $1,215,000 | |
| Listed by General Realty Group,Inc. | |||
Property Highlights
Building Info
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Price/ft²
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About Somerset
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017