3416 Avenue R
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 |
|---|---|---|---|
| Oct 2, 2020 | Sold | ||
| Sold | |||
| Aug 27, 2020 | Listed by Forever Realty | $179,980 | |
| Listed by Forever Realty | |||
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Vacant and move-in ready, this beautiful 3 bedroom, 2 bathroom home has just been completely remodeled. Fresh paint inside out; New premium water-resistant wood-looking vinyl floors in family, dining, kitchen; New carpet in all bedrooms; Remodeled kitchen with new stainless steel appliances, new granite countertops, sink and faucets; New granite countertops, sinks, faucets, shower heads, toilets in all bathrooms, New light fixtures through out, new water heater and a lot more. Recent foundation leveling with life time transferrable warrantee. Low tax and no HOA. Easy access to US0-59, US-90A and TX-36.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017