3824 McConnell 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 |
|---|---|---|---|
| Apr 18, 2025 | Sold | ||
| Sold | |||
| Mar 12, 2025 | In contract | - | |
| In contract | |||
| Mar 6, 2025 | Listed by Congress Realty | $159,999 | |
| Listed by Congress Realty | |||
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This beautifully maintained residence in a convenient neighborhood features countless upgrades that make it a perfect fit for modern living. Enjoy cooking in an open kitchen equipped with stainless steel appliances, granite countertops, a stylish backsplash, and an inviting island that offers extra seating. You'll appreciate the seamless laundry experience with a washer and dryer combo, along with updated vinyl plank flooring throughout. The updated bathroom and fresh interior and exterior paint add a refreshing touch. Stay comfortable year-round with the package unit HVAC system, refrigerated air, electric water heater, and energy-efficient windows. Smart home features like the Alexa Thermostat and remote control blinds add an extra layer of convenience to your daily routine. Step outside to relax in your large, fenced yard, complete with a handy shed for storage. Cozy up by the fireplace on chilly evenings and embrace the modern charm of this turn-key home!
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| Aug 23, 2023 | Sold | ||
| Sold | |||
| Jul 26, 2023 | Listed by Home Pros Real Estate Group | $94,995 | |
| Listed by Home Pros Real Estate Group | |||
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About Logan Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017