3511 Myrtle Avenue
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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 |
|---|---|---|---|
| Feb 20, 2019 | Sold | ||
| Sold | |||
| Nov 25, 2018 | Listed by Keller Williams Pacific Estate | $629,000 | |
| Listed by Keller Williams Pacific Estate | |||
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California Heights neighborhood home with 1354 sft of living space, 2 large bedrooms, family room, and 2 baths. Open room concept. Includes central heating, whole house fan, copper plumbing, updated electrical, home alarm system, and beautiful dark laminate flooring. The indoor laundry closet includes the LG brand washer and dryer. Kitchen includes new Fisher/Paykel fridge, Samsung microwave, GE stove, & newer dishwasher. The roof is less than 2 years old and the detached 2 car garage has a new garage door opener. The interior was just freshly painted to sell. This home is only a few blocks from the highly rated schools of Longfellow Elementary and Hughes Middle School. Also nearby are the wonderful shops, eateries, breweries, and many events of Wardlow Rd and Atlantic Ave Business Corridors of Cal Heights & Bixby Knolls.
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| Oct 4, 2017 | Sold | ||
| Sold | |||
| Aug 4, 2017 | Listed by Coldwell Banker Coast Alliance | $599,000 | |
| Listed by Coldwell Banker Coast Alliance | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017