39 Sullivan 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 |
|---|---|---|---|
| May 29, 2018 | Sold | ||
| Sold | |||
| Oct 30, 2016 | Listed by Amaral & Associates RE | $344,900 | |
| Listed by Amaral & Associates RE | |||
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Great Price Improvement - Seller is Motivated. Property set back off the street on almost 3/4 of an acre & includes a 19 x 25 two car garage with attached 25 x 40 bonus building w sep electric service. This home has 3 bedrooms,1 on the first floor,master on second fl is 24 x 24 with a huge walk in closet. 3 full baths, partially finished basement. New roof all around. Deck with new awning. Central air/oil heat. Huge living rm w fireplace insert. Bonus building is 25 x 40 with sep electric, furnace, wood stove with stair access to loft above. Title V approved with city sewer available at the street for future use.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017