3220 Watt Avenue
About This Property
Tastefully renovated eat-in kitchen with quartz countertops, maple cabinets with under cabinet lighting, high-end stainless appliances, breakfast bar with pendant lighting. Access to brand new open rear deck with retractable canopy. Upstairs are two bedrooms and 1 KING size master bedroom with a new custom walk-in closet. Beautifully renovated hall bathroom with double marble vanity. Brand new energy-efficient windows and sliding doors (2). The finished basement offers a play area, washer/dryer, furnace room, access to the garage, and sliding glass doors to the patio, and a fenced-in manicured yard. The location is serene, just across the street from the nature preserve and Pelham Bay Park. Just look out any front window. Additional Information: ParkingFeatures:1 Car Attached,
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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 |
|---|---|---|---|
| Jul 22, 2021 | Sold | ||
| Sold | |||
| Jun 4, 2021 | In contract | - | |
| In contract | |||
| May 10, 2021 | Listed by Coldwell Banker Realty | $699,999 | |
| Listed by Coldwell Banker Realty | |||
| Sep 9, 2016 | Sold | ||
| Sold | |||
| Apr 2, 2016 | Listed by Coldwell Banker Realty | $565,000 | |
| Listed by Coldwell Banker Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017