37-R Tappan St
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 |
|---|---|---|---|
| Dec 13, 2023 | Sold | ||
| Sold | |||
| Nov 14, 2023 | In contract | - | |
| In contract | |||
| Oct 25, 2023 | Listed by JRS Properties, Inc. | $649,900 | |
| Listed by JRS Properties, Inc. | |||
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Lovely single family in a great Everett Neighborhood. First floor features an open concept living/dining room, living room has a full wall fireplace, an eat in kitchen with newer stainless steel appliances and loads of cabinet space, a half bath and a home office or den. Second floor has three generous size bedrooms with ample closet space and a recently remodeled full bath. Hardwood floors in all rooms except for kitchen and baths, Full basement has a laundry area, a work out room and a large family room. Vinyl siding new in 2022. Newer roof. Deck overlooks side yard. Situated next door to the recently re-done Swan Street Park and within walking distance to bus stops.
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| Jul 15, 2022 | Sold | ||
| Sold | |||
| May 4, 2022 | Listed by JRS Properties, Inc. | $725,000 | |
| Listed by JRS Properties, Inc. | |||
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Address: 335 Madison Avenue, New York, NY 10017