37 Powers 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%.
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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 18, 2024 | Sold | ||
| Sold | |||
| May 10, 2024 | Price Increased |
$725,000
↑ $50K
(7.4%) | |
| Price Increased | |||
| May 7, 2024 | In contract | - | |
| In contract | |||
| Apr 24, 2024 | Listed by Compass Greater NY LLC | $675,000 | |
| Listed by Compass Greater NY LLC | |||
| | |||
|
This elegantly renovated Colonial-style home boasts a spacious open layout, featuring 5 bedrooms and 2.5 baths. Abundant natural light illuminates the interior, highlighting numerous updates throughout. The 2nd floor was added in 1985. The house roof was replaced in 2017, the garage roof in 2015, the front paver walkway in 2019 and 200 amp electric 2 Nest thermostat, 3 zone heat. Additionally, an outdoor bar was added in 2022, along with a gazebo in 2021. Andersen windows in 1st floor in 2008, 2nd floor windows are 2017,Oil Boiler 2008, The modern kitchen with Gas cooking and oversized cabinets was renovated in 2023 and boasts sleek quartz countertops and backsplash, while the first floor includes a bedroom suite. Upstairs, you'll find 4 additional bedrooms and a full bathroom. The home also includes a sizable walk out finished basement and a detached two-car garage. The backyard is a perfect blend of entertainment space and a personal retreat. With low true taxes at $11,349.97, this home is Move-In Ready!
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| Sep 22, 2008 | Sold | ||
| Sold | |||
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About Centereach
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$6,500 /mo
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$4,500 /mo
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017