3413 Covert 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 |
|---|---|---|---|
| Sep 27, 2021 | Sold | ||
| Sold | |||
| Aug 19, 2021 | Listed by JPAR Arlington | $175,000 | |
| Listed by JPAR Arlington | |||
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Multiple Offers Highest and Best Due Tuesday August 24 at 7pm. This is a great opportunity for any investor or first time buyer looking for an easy project. This midcentury ranch style home is well taken care of, it is just in need of a little love and updating. The house has a great backyard space with an oversized covered patio, perfect for entertaining. The kitchen opens to a breakfast nook and living area. South Hills is a well established neighborhood and the home is a short walk to the Westcreek Trailhead where you can find the newly installed Driftwood Bridge and Kellis Park! Interior pictures were not taken due to tenant's personal belongings, not the condition.
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About South Hills
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,095 /mo
- 4 Beds
- 2 Baths
- 2,340 ft²
$2,095 /mo
- 3 Beds
- 2 Baths
- 1,926 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017