39 Clark 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 |
|---|---|---|---|
| Apr 16, 2020 | Sold | ||
| Sold | |||
| Mar 20, 2020 | Listed by Brochu Real Estate | $164,900 | |
| Listed by Brochu Real Estate | |||
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Attention Cash Buyers , Investors, Flippers. Incredible opportunity to restore this beautiful Farm House built in 1760. This is an AS IS SALE, being offered well below the completed value which is projected around $275,000-$300,000. Upgrades needed include structural termite damage, knob and tube wiring, chimney pointing, steps, and some minor plumbing. The most extensive part is the termite damage to the sill and a few carrying beams The interior of this home gleams already with many of the updating and restoration already completed. There is plenty of room and value to this offering for you to make the repairs and resell or fix it up and have instant equity. Due to the termite damage buyers must be cash or have structural rehab loan. With a rehab loan a structural engineer will be required and at the expense of the buyer. This is priced with enough room for the profit of an investor or rehab it your self and enjoy the equity. Opportunity Knocks
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| Oct 4, 2019 | No longer available | - | |
| No longer available | |||
| Sep 29, 2019 | Price Decreased |
$314,500
↓ $11K
(3.2%) | |
| Price Decreased | |||
| Sep 21, 2019 | Price Decreased |
$325,000
↓ $4K
(1.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017