3401 VOLCANIC 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 |
|---|---|---|---|
| Feb 12, 2025 | Sold | ||
| Sold | |||
| Jan 6, 2025 | In contract | - | |
| In contract | |||
| Dec 18, 2024 | Price Decreased |
$255,000
↓ $4K
(1.5%) | |
| Price Decreased | |||
| Dec 3, 2024 | Price Decreased |
$259,000
↓ $6K
(2.3%) | |
| Price Decreased | |||
| Sep 11, 2024 | Listed by ClearView Realty | $265,000 | |
| Listed by ClearView Realty | |||
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Located by the mountains, this freshly painted and well-maintained brick home is move in ready and handicap accessible. One of the restrooms accommodates a wheelchair through the doors and shower so you can live here comfortably knowing it is your forever home. The second selling point to this home is that it is in a low traffic area so you can get anywhere quickly and it has more storage and parking spaces than you would ever need. You have two living rooms and a Woman/Man Cave. Lastly, the home has already been appraised at the selling price! Don't miss out on this opportunity and schedule a viewing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017