39 Midway Street
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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%.
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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.
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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 |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Sep 4, 2024 | In contract | - | |
| In contract | |||
| Aug 20, 2024 | Listed by RE/MAX Integrity Leaders | $525,000 | |
| Listed by RE/MAX Integrity Leaders | |||
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Welcome to 39 Midway Street, a 3/1 move-in ready expanded ranch that offers more than meets the eye, with approx 1375 square feet of comfortable living space + basement, attic, and 2 car detached garage! Situated on a quiet block, enjoy your charming front porch and beautiful landscaping! Step inside to find an inviting LR featuring a wood-burning fireplace with an airtight insert, and pergo flooring throughout. The spacious primary BR (12'9"x18'4") offers a generously-sized closet. 2 additional BR's plus a home office/4th BR provides ample space for all! The EIK comes complete with two pantries and a large dining area, making it ideal for entertaining. The full bath features a built-in linen closet, new tile flooring, and granite top vanity. One of the standout features is the pull-down attic (28'2"x18'4"), offering enormous storage potential or room for expansion. The unfinished basement has the potential for finishing and offers crawl space for additional storage. Car enthusiasts and hobbyists will appreciate the detached two-car garage with electric and loft storage! Outside, the private yard features a deck with a hot tub, perfect for unwinding after a long day. IGS front and back, a large driveway with ample parking, Andersen double pane windows, Energy Star Washer, Dryer and Fridge ensure energy efficiency and comfort. This charming ranch offers a blend of space, convenience, and potential, making it the perfect place to call home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017