39 BROADWAY
About This Property
Patio off the back door, with an area for outdoor dining, relaxation, or entertainment. Over-sized lot that provides privacy, room for landscaping, or other outdoor activities. Half finished basement which includes one bedroom provided with an egress window, half bath, storage space and laundry hookups.
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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 |
|---|---|---|---|
| Dec 15, 2023 | Sold | ||
| Sold | |||
| Nov 5, 2023 | In contract | - | |
| In contract | |||
| Oct 18, 2023 | Listed by Prime Realty Partners | $299,900 | |
| Listed by Prime Realty Partners | |||
| Jul 26, 2019 | Sold | ||
| Sold | |||
| May 28, 2019 | Listed by Brown Realtors | $78,000 | |
| Listed by Brown Realtors | |||
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This home has 2- bedrooms, 1.5 baths, a large living room with wood burning fireplace, formal dining room and eat-in kitchen. An over-sized lot with patio off the back door. Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Please refer to www.floodtools.com for additional informationregarding flood zones and insurance, State law requires Smoke/ Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity. Repairs: Defective paint. Year Built 1947 Lead Base Paint Sq. Ft. 1296
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017