392 Read Avenue
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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 |
|---|---|---|---|
| Jan 19, 2022 | Sold | ||
| Sold | |||
| Sep 23, 2021 | Listed by Houlihan Lawrence Inc. | $649,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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Lovely home in Crestwood, walking distance to Metro North train station, park and shops. A move in ready, colonial Cape Cod offering a beautiful and spacious living room with a wood burning fireplace, first floor master bedroom, second bedroom, dining room, large eat in kitchen with windows galore, deck and a private and tranquil terraced backyard with patio and barbecue area, perfect for outdoor entertaining. The second floor is an additional 500 sq. ft. finished attic of livable space, which consists of a large family room and office, and a third bedroom with skylights and lots of storage. The finished basement boasts another spacious room with a wet bar, private laundry and more storage space. Improvements include a new roof and windows. Don't miss this fantastic opportunity.
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| Jul 27, 2004 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017