37 Jackson St
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 9, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 1, 2024 | Price Decreased |
$339,900
↓ $10K
(2.9%) | |
| Price Decreased | |||
| May 22, 2024 | Listed | $349,900 | |
| Listed | |||
| | |||
|
Corner cleared lot located within a desireable high trafic count throughway. Multiple big box names are neighboring this site.Property was previously home to a restaurant.Buyer is required to do their own due diligence in regards to land useage and requirements or restriction pertaining to development possibilities.
| |||
| Apr 12, 2024 | Sold | ||
| Sold | |||
| Mar 18, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017