37 Brown Place
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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%.
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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 |
|---|---|---|---|
| Jul 15, 2021 | Sold | ||
| Sold | |||
| May 20, 2021 | Listed by Theobald Properties LLC | $800,000 | |
| Listed by Theobald Properties LLC | |||
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This house is spectacular! Completely renovated home with new addition. This is a 4 Bedroom 3 Full Bath home. Redone with exquisite taste. Open concept on the first floor with a combo living/dining room. Enter the spacious kitchen with S/S appliances & continue into the Great/Family room which Leads to the well designed covered deck. The second floor features a Master Bedroom with his and her closets. A Full Bathroom off the master with a Large stall shower. Head down the hall to find a washer and dryer (on the 2nd floor) easy for doing laundry. There is also a beautiful full bathroom for family use. Add another 3 nice sized Bedrooms and this house is PERFECT! A must see close to the beach. Close to houses of worship. This home has it All!!! New plumbing, Sheet Rock & insulation. All Bathrooms have radiant heat in the floors. The house has been completely rewired with 200 amp service. All bedrooms are prewired for cable. New Anderson Windows. Recessed LED lighting thru out. Granite Counter tops in Kitchen with Stainless Steel Appliances and Soft Close Kitchen Cabinets.
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| Mar 20, 2015 | Sold | ||
| Sold | |||
| Jan 16, 2015 | Listed by RE/MAX Elite | $185,000 | |
| Listed by RE/MAX Elite | |||
| Feb 12, 2014 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017