3423 Rivera 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 |
|---|---|---|---|
| Jan 24, 2023 | Sold | ||
| Sold | |||
| Jan 9, 2023 | Listed by Cornerstone Realty | $55,000 | |
| Listed by Cornerstone Realty | |||
| Oct 5, 2022 | Listed by Cornerstone Realty | $55,000 | |
| Listed by Cornerstone Realty | |||
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Investment Opportunity | Reimagine this property conveniently located just North of the Chimzal National Memorial. Once the existing two structures are demoed, this 4,432 sqft Investment Property is ideal for anything from a single family home to a multi unit rental. Being sold Completely As-Is.
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| Jul 1, 2022 | Listed by Cornerstone Realty | $85,000 | |
| Listed by Cornerstone Realty | |||
| | |||
|
Investment Opportunity | Reimagine this property conveniently located just North of the Chimzal National Memorial. Once the existing two structures are demoed, this 4,432 sqft Investment Property is ideal for anything from a single family home to a multi unit rental. Being sold Completely As-Is.
*IN REDEMPTION PERIOD UNTIL 10/15/2022*
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017