38 Florence Avenue
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 |
|---|---|---|---|
| Jun 26, 2024 | Sold | ||
| Sold | |||
| Apr 14, 2024 | In contract | - | |
| In contract | |||
| Apr 3, 2024 | Listed by DAUNNO REALTY SERVICES, LLC. | $539,900 | |
| Listed by DAUNNO REALTY SERVICES, LLC. | |||
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Come see this STUNNING 3 bed, 2 bath ranch on a quiet street in one of Colonia's nicest neighborhoods. Recent updates include fresh paint, refinished hardwood floors, and a new main bathroom. The HUGE finished basement comes with a rec room, custom dry bar with a stone facade, a full bathroom, ample storage space and a laundry area. The large rear yard has custom landscaping, vinyl fencing, multiple patios, a swing set, and storage shed. Other updates include new concrete walks and a new driveway. Homes like this do not come along often and will not last!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017