331 50th Avenue
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 |
|---|---|---|---|
| Mar 3, 2023 | Sold | ||
| Sold | |||
| Nov 21, 2022 | Listed by Redco, Inc. | $319,900 | |
| Listed by Redco, Inc. | |||
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Location Location!!!! Beautifully gut rehabbed 4 bed/2 bath brick ranch home in a desirable area of Bellwood. The moment you enter, you instantaneously feel a sense of openness from the bright and spacious kitchen/Living room combo. 3 good size bedrooms and modern kitchen with granite countertops and S.S. appliances. Custom tiled bathroom and soaking tub. Spacious finished basement with canned lighting, new windows, legal 4th bedroom with egress window, bonus room, 3-piece bathroom, laundry room with new W/D, new furnace, sump pumps, new plumbing, electric and brand-new roof. Head outside to enjoy the backyard and 2-car garage with new roof. This could be the one!!!!!! Schedule a showing today. Ask me how to REDUCE your buyer's mortgage payment with a FULL PRICE OFFER.
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| Mar 15, 2022 | Sold | ||
| Sold | |||
| Feb 1, 2022 | Listed by Redco, Inc. | $189,999 | |
| Listed by Redco, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017