340 WASHINGTON 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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Jul 30, 2024 | In contract | - | |
| In contract | |||
| Jul 23, 2024 | Listed by Weichert Realtors-Burlington | $250,000 | |
| Listed by Weichert Realtors-Burlington | |||
| Apr 23, 2021 | Sold | ||
| Sold | |||
| Mar 8, 2021 | Listed by Weichert Realtors-Burlington | $180,000 | |
| Listed by Weichert Realtors-Burlington | |||
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Why rent when you can buy?? This single family home features a heated front porch, a formal living and dining room, and an eat in kitchen which has been recently painted. Also on the main floor there is a full bath and laundry room. Second level there are two very nice sized bedroom and an updated full bath. The primary bedroom has a spacious walk in closet with a rack system for your organization. This home boasts neutral colors, crown molding accents, laminate wood flooring, tile flooring, ceiling fans. Over the last several years the seller replaced the roof, installed new gutters (2020), replaced the hot water tank (2014), upgraded the electrical panel (2016), and installed new chimney liner (2016). Good sized fenced in backyard. There is an additional lot deeded with this property that can be used for off street parking located at 291 Holeman Street (located behind property). Subject to approvals lot can house a shed, carport or garage, but no house can be built on it. There is an access easement from this lot to house (call agent for details). Partial unfinished basement. Conveniently located to all major highways. Call for your appointment today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017