3307 Locust St
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%.
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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Oct 31, 2024 | Price Decreased |
$619,000
↓ $11K
(1.7%) | |
| Price Decreased | |||
| Oct 31, 2024 | In contract | - | |
| In contract | |||
| Oct 4, 2024 | Price Decreased |
$629,500
↓ $11K
(1.6%) | |
| Price Decreased | |||
| Sep 19, 2024 | Listed by West and Main Homes Inc | $640,000 | |
| Listed by West and Main Homes Inc | |||
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Motivated Seller, bring your buyers! This completely remodeled brick ranch in North Park Hill is a stunner! Furnace and Central Air replaced in (2021), Water Heater (2023) and Roof (2021). Walk in to a large living room offering great space to design your room in various ways. Off of the living room you will enter the bright and beautiful kitchen including a breakfast bar and a large dining space perfect for entertaining your friends and family. All 3 bedrooms and 2 baths in this home are on the main level. The primary suite has a large walk in closet and an en suite bathroom with a double sink vanity and large stand up shower. Outside you will find a private fully fenced backyard with a beautiful brand new carport. Take advantage of all that Park Hill and Central Park have to offer at this desirable location. Please feel free to reach out with any questions!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017