339 W 101st 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%.
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 |
|---|---|---|---|
| Jan 30, 2025 | Sold | ||
| Sold | |||
| Jan 4, 2025 | In contract | - | |
| In contract | |||
| Dec 5, 2024 | Listed by Century 21 New Beginnings | $289,900 | |
| Listed by Century 21 New Beginnings | |||
| Apr 16, 2024 | Sold | ||
| Sold | |||
| Feb 26, 2024 | Listed by RE/MAX Properties | $119,900 | |
| Listed by RE/MAX Properties | |||
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Located in the sought after Fernwood community this is a rare example of a brick bungalow that provides a value add opportunity for a buyer with vision and a property you will not to overlook! As you enter this classic Chicago style bungalow you will appreciate the charm and character which is seen throughout. Hardwood floors and natural wood moldings are seen in every room of this home! The living room and dining room have tons of windows for natural sunlight to shine into, there are two bedrooms on the main level with hardwood floors and amble closet space. Off the spacious kitchen is a smaller eat in area which can also be converted into a home office! Interior stairs to the second level provide easy expansion to add a master suite, third bathroom or a master suite and office, the potential with the second level are endless! The home has additional living space in the finished basement where you will find a great family room, wet bar and second bathroom! The fenced yard, private patio and 2 car detached garage make this home even more special! Can renovate and rent for a great passive investment or renovate and move in while building equity, either way this is a win win situation!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017