3701 Avenue M
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%.
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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 |
|---|---|---|---|
| Sep 16, 2022 | Sold | ||
| Sold | |||
| Aug 10, 2022 | Listed by Tom's Galveston Real Estate | $579,000 | |
| Listed by Tom's Galveston Real Estate | |||
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Lovingly restored 4 bedroom/2.5 bath Victorian home on a nice corner lot with beautiful mature oak trees. This home was completely restored by the Save 1900 crew in 2019 for the hit television show "Restoring Galveston." This house maintains an authentic historic charm with exquisite woodwork and a lengthy list of upgrades. The home features original hardwood floors throughout, double gallery porches, and original shutters. The kitchen includes a central island with lots of storage and cabinetry, quartz counter tops and high end Thor appliances. The primary suite upstairs features a dual vanity, a large shower, and a built out walk in closet with washer/dryer. You'll love the backyard entertainment space that boasts an 8ft farmhouse stock tank pool, a beautiful deck and pergola, plus off street parking. Current owners have added a convenient electric sliding gate, a wifi controlled sprinkler system, , a new 8x10 shed, and a whole house dehumidifier system.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017