3410 Ropes Avenue
About This Property
Property comes with plenty of windows, central AC, big unfinished basement and nice private backyard. Close to Pelham Manor Shopping Plaza, Hutchinson Parkway, Boston Rd, schools and local buses.
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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 8, 2023 | Sold | ||
| Sold | |||
| Dec 12, 2022 | In contract | - | |
| In contract | |||
| Nov 2, 2022 | Price Decreased |
$459,000
↓ $16K
(3.4%) | |
| Price Decreased | |||
| Sep 15, 2022 | Price Decreased |
$475,000
↓ $24K
(4.8%) | |
| Price Decreased | |||
| Sep 2, 2022 | Listed by NY Champions Realty Group | $499,000 | |
| Listed by NY Champions Realty Group | |||
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About East Bronx
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017