38 Third St
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%.
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 5, 2020 | In contract | - | |
| In contract | |||
| Jun 21, 2020 | In contract | - | |
| In contract | |||
| Jun 17, 2020 | Listed | $328,000 | |
| Listed | |||
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Come and take a look at this very well maintained Split entry property with many updates throughout the years by the sellers. Only reason for them to sell is a business move outside the state. Updates include, but not limited to, hardwood floor replacing the old carpet all over the house, very young roof (2019), new burner and water tank. All stainless steel appliances staying. Fourth bedroom with a full bathroom in the basement, used by the owners as an office and a playroom for the kids. come see it and fall in love with your future home sweet home. Sellers will leave any furniture, for free, that the buyers would like to have and take the rest. The manager has listed the unit size as 1580 square feet.
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| Dec 2, 2013 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017