37 3rd Street #A
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 |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Aug 12, 2024 | In contract | - | |
| In contract | |||
| Aug 7, 2024 | Listed by RE/MAX Prof Associates | $195,900 | |
| Listed by RE/MAX Prof Associates | |||
| Dec 29, 2006 | Sold | ||
| Sold | |||
| Nov 22, 2006 | Listed by RE/MAX Executive Realty | $139,900 | |
| Listed by RE/MAX Executive Realty | |||
| | |||
|
Comfortable two bedroom unit featuring an eat-in kitchen, remodeled baths, new roof, level yard, close to major routes - wood stove in basement.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/07/2024
|
2 Bed
|
2 Bath
|
882 ft²
|
$195,900
2 Bed
2 Bath
882 ft²
|
$240,000
+22.51%
10/25/2024
|
James Laney
ERA Key Realty Services- Spenc
| |
|
10/31/2016
|
2 Bed
|
2 Bath
|
882 ft²
|
$85,000
2 Bed
2 Bath
882 ft²
|
$80,000
-5.88%
07/11/2017
|
Michael Madulka
Quinsigamond Realty Inc
| |
|
11/22/2006
|
2 Bed
|
2 Bath
|
1185 ft²
|
$139,900
2 Bed
2 Bath
1185 ft²
|
$135,000
-3.50%
12/29/2006
|
Eileen DeYoung
Trust Better Homes
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017