372 W Commodore Boulevard
About This Property
The garage is equipped with 5 bays, 4 lifts, a half bathroom, and a welcoming lobby. The automotive repair business boasts a stellar reputation and a substantial customer base. The single-family home boasts 4 spacious bedrooms and 2.5 bathrooms, with a generously-sized kitchen that includes both dining space and a convenient breakfast bar. The living room showcases an elegant gas fireplace and opens to a bonus room, ideal for an office, den, or even an additional bedroom, accessible through French sliding doors.
At the rear of the home, you'll discover an expansive sunroom with its own gas fireplace, while the fenced backyard offers a deck and a sizable shed to fulfill your storage requirements. This property is a commercial multi-use gem with boundless potential.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Apr 5, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2023 | Listed by Keller Williams Realty Monmouth/Ocean | $1,250,000 | |
| Listed by Keller Williams Realty Monmouth/Ocean | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017