348 S 2ND Street
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 |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Oct 26, 2024 | In contract | - | |
| In contract | |||
| Sep 30, 2024 | Price Decreased |
$185,000
↓ $14K
(7%) | |
| Price Decreased | |||
| Sep 18, 2024 | Listed by FRONT PORCH REALTY | $199,000 | |
| Listed by FRONT PORCH REALTY | |||
| Jun 28, 2016 | Listed by DUAL STATE REAL ESTATE INC | $80,000 | |
| Listed by DUAL STATE REAL ESTATE INC | |||
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COMPLETE REMODEL! Cute home with lots of personality! Home has an open floor plan with a living and dining combo. The dining area joins an open breakfast bar giving the kitchen a larger feel. You'll love the new butcher block counters! Wood floors throughout the house look great and the new bathroom has very nicely tiled shower and floors. The home has a closed in porch area perfect for those hot summer nights. This home is walking distance to the Pre-k and Kindergarten center as well as the middle school. This was originally a 2 bedroom home and the prior owner reversed the closet in one, making a much larger closet in the other. This could be reversed at a minimal cost, making both bedrooms ''conforming''.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017