373 Cooley Avenue
About This Property
As you step into this charming property, you're welcomed by an abundance of natural light. The fresh paint and recessed lighting coupled with the absence of carpeting gives the home an open, modern feel. One of the best features of this home is the fully renovated kitchen. It boasts new stainless steel appliances, a sleek stainless steel vent hood, and open cabinets. The kitchen flows seamlessly into the dining room, creating an aesthetic and functional space that is bright and perfect for hosting family and friends.
Considerable attention has been paid to practicality with a large laundry room offering ample storage. A notably large backyard provides endless opportunities for outdoor living space.
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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 |
|---|---|---|---|
| Mar 13, 2024 | Sold | ||
| Sold | |||
| Jan 2, 2024 | Listed by Keller Williams Realty | $179,000 | |
| Listed by Keller Williams Realty | |||
| Jul 24, 2023 | Sold | ||
| Sold | |||
| Jun 6, 2023 | Listed by Sandra Luna & Associates | $105,000 | |
| Listed by Sandra Luna & Associates | |||
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Great investment property located near Shaver Park with easy access to the Border Highway and Yarbrough. It features 3 beds, 2 baths, extra space towards the back that can be used as an extra room and a spacious yard. The master bedroom was extended so it is very large. It does need a little work but a little TLC will take this home a long way. Being sold AS IS. Call today for an appointment!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017