358 Hewlett 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 2, 2024 | Sold | ||
| Sold | |||
| Dec 1, 2023 | In contract | - | |
| In contract | |||
| Nov 19, 2023 | Listed by Red Maple Real Estate Group | $525,000 | |
| Listed by Red Maple Real Estate Group | |||
| | |||
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Well kept ranch on a beautiful, quiet, tree lined block. Large yard with great curb appeal. 3 Bedrooms, 1 Full bath. EIK, Separate Formal Dining room. Basement has high ceilings and ready to be finished. Great yard with large deck, fully fenced in. Kitchen has been updated about 1 year ago. Water purification system. Central Air, Generator hook up. 200 Amp circuit. 1 car attached garage.
| |||
| Nov 7, 2023 | Listed by Red Maple Real Estate Group | $525,000 | |
| Listed by Red Maple Real Estate Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017