344 Central Ave
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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 |
|---|---|---|---|
| Dec 30, 2022 | No longer available | - | |
| No longer available | |||
| Dec 28, 2022 | Sold | ||
| Sold | |||
| Nov 16, 2022 | No longer available | - | |
| No longer available | |||
| Oct 7, 2022 | Listed | $250,000 | |
| Listed | |||
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Amazing opportunity to own a three bedroom condo in a pre-war building with high ceilings, contemporary light fixtures and a private main suite. This condo offers easy access to NYC with the nearby Highland Avenue Train Station and a beautiful community park directly across the street. Each of the bedrooms can accommodate queen size beds or larger along with the main suite able to be fully furnished in king size furniture. You will enjoy the open floor plan between the spacious kitchen and dining room areas. Your guests will enjoy the sizable living room with enough space for a large sectional. As a bonus, there is a nook perfect for your home office needs. This condo has an area for your own washer/dryer with hook-ups already in place. Photo's were taken before occupancy and some wall colors and fixtures have changed. Bring fresh ideas and new kitchen appliances to create your dream home. The manager has listed the unit size as 1363 square feet.
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| Oct 6, 2022 | In contract | - | |
| In contract | |||
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About Essex
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$3,250 /mo
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- 1,169 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017