337 Ash Street
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%.
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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 |
|---|---|---|---|
| Sep 16, 2024 | Sold | ||
| Sold | |||
| Jun 29, 2024 | In contract | - | |
| In contract | |||
| May 21, 2024 | Listed by Real Broker MA, LLC | $949,000 | |
| Listed by Real Broker MA, LLC | |||
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Welcome to this spacious single-family home with a legal ADU / in-law suite, offering an unparalleled opportunity for comfortable living coupled with potential rental income. Upon entering the main home, you are greeted by a fireplaced living area and a modern kitchen. The main residence features 3 bedrooms (primary bedroom is located on the first floor), 2 bedrooms on the second floor and 2 full and one-half bathrooms. Main residence also features a finished walkout basement with dining area and full bath. The attached one-level apartment presents a fantastic opportunity for rental income or multi-generational living. Having its own entrance, the apartment offers 3 spacious bedrooms, a full bath, a well-equipped kitchen, and a comfortable living area. Outside, the huge yard and above-ground pool provide the perfect backdrop for outdoor gatherings, gardening or simply relaxing.
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| Jan 1, 2023 | No longer available | - | |
| No longer available | |||
| Jul 12, 2022 | Listed by Keller Williams Realty | $899,000 | |
| Listed by Keller Williams Realty | |||
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WELCOME HOME TO 337 ASH STREET READING! Family owned for over 50 years, this is a great opportunity for owner occupied INVESTMENT, INCOME property or one home for extended family. The main unit has 4 bedrooms, 2.5 baths, including a spa style primary bath w/washer/dryer on main level. Entertain in the oversized, renovated eat in kitchen, w/ stainless appliances. Relax in the living room by the fireplace or the enclosed porch overlooking large backyard w/ above ground pool! First floor bedroom w/HW floors & double closets. 2nd & 3rd bedrooms on second floor w/additional nook & tons of storage. Fully finished basement w/bonus room & dining area as well as 4th bedroom, full bathroom & separate laundry. Great for in-law or au-pair suite. Plenty of private, off street parking! Attached accessory unit for potential income, w/open concept kitchen/LR, 2 bedrooms, full bath plus office/den area, HW floors, plenty of storage and separate laundry, parking! All appliances left as gifts
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017