3728 Flory Avenue
About This Property
This lovely single-story home has great bones. It has three bedrooms and one bathroom with its own dining area and a good-sized living area. The home has no carpet, just tile.
The home has an added bonus which is the cute apartment on the side which is already rented and will bring in additional income.
The apartment has its own kitchenette and bathroom.
This cute home needs a family to make it its own.
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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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Aug 20, 2024 | In contract | - | |
| In contract | |||
| Aug 9, 2024 | Price Decreased |
$172,000
↓ $10K
(5.5%) | |
| Price Decreased | |||
| Jul 26, 2024 | Listed by Home Pros Real Estate Group | $182,000 | |
| Listed by Home Pros Real Estate Group | |||
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About Logan Heights
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Last Updated: 5 months ago
Data Source: GEPAR, MLS# 905822
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017