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3721 THOMASON Avenue
About This Property
A standout feature of this property is the fully equipped addition in the back, complete with a kitchenette-perfect for guests, extended family, or rental income. Currently rented for $850/month, it provides an excellent investment opportunity!
Don't miss out on this versatile home in a prime location. Schedule your showing today!
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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 |
|---|---|---|---|
| May 5, 2025 | Sold | ||
| Sold | |||
| Apr 1, 2025 | In contract | - | |
| In contract | |||
| Mar 21, 2025 | Listed by Summus Realty | $224,950 | |
| Listed by Summus Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017