381 Cortez 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 |
|---|---|---|---|
| Jan 27, 2025 | Sold | ||
| Sold | |||
| Dec 15, 2024 | In contract | - | |
| In contract | |||
| Nov 20, 2024 | Listed by Trx, Inc | $434,000 | |
| Listed by Trx, Inc | |||
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Updated 3 bedroom, 1 bathroom home with attached 2 car tandem garage. Features newer appliances, and newer flooring, including vinyl planks throughout the kitchen and living room, carpet in the bedrooms and tile in the bathroom. Newer cabinets and granite countertops in the kitchen. Remodeled full bathroom. Huge driveway to park several vehicles or RV/trailers/boat. Large patio in backyard perfect for hosting. Newer roof.
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| Feb 12, 2009 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017