37 BOWERS AVE
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 |
|---|---|---|---|
| Mar 25, 2022 | Sold | ||
| Sold | |||
| Jan 27, 2022 | Listed by Vylla Home | $219,900 | |
| Listed by Vylla Home | |||
| Oct 8, 2021 | Sold | ||
| Sold | |||
| Sep 5, 2021 | Listed by Vylla Home | $104,900 | |
| Listed by Vylla Home | |||
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Investor alert. Strong market for a property that needs some TLC to restore it to its original condition. Tremendous upside to convert this property into a primary rental for long term returns or rehab and resale. Spacious rooms, great bfor entry level homeownership. Large oversized yard and full basement make the possibilities endless. Short walk to downtown restaurants and shopping. Minutes to commuter trains and busses. Property is being sold strictly As-Is with no warranties expressed or implied. Buyer responsible for any and all certifications and inspections needed for settlement.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017