38 9th Street
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 31, 2023 | No longer available | - | |
| No longer available | |||
| Oct 25, 2023 | Listed by RE/MAX River's Edge | $299,900 | |
| Listed by RE/MAX River's Edge | |||
| | |||
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Opportunity is knocking on this spacious home located in the Pierce Field neighborhood. The interior has a mix of charm and character along with some modern features. You will find pretty oak flooring throughout, lovely moldings, a double living room plus a sun filled dining room. The kitchen has been updated and features stainless appliances, lots of natural light and a slider to a porch that is ready for your sprucing design ideas. The second level features bright bedrooms, ample closets, and an updated tile bathroom.
The lower level is partially finished with a full bath, a recreation room and another room for guests or hobbies/office. There are beautiful plantings and fruit trees to be found and a solid 2 car garage, too! All of this is nicely located on a corner lot within very close proximity to the East Bay Bike Path, Vets Parkway, Pierce Memorial Field and with views of fireworks and the city! PVD is a quick hop over the bridge. A little handy work here and you’ve earned yourself some equity! Take the opportunity to make this home yours. The manager has listed the unit size as 1509 square feet.
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| Jun 19, 2015 | Sold | ||
| Sold | |||
| Dec 24, 2014 | Listed by RE/MAX River's Edge | $189,000 | |
| Listed by RE/MAX River's Edge | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017