393 Congress 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 |
|---|---|---|---|
| Jul 26, 2024 | Sold | ||
| Sold | |||
| Jun 24, 2024 | In contract | - | |
| In contract | |||
| Jun 14, 2024 | Listed by ERA Key Realty Services | $535,000 | |
| Listed by ERA Key Realty Services | |||
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Warm and inviting colonial style home located on a quiet side street of comparable homes, with easy access to main roads, highways and shopping. Impeccably maintained with a new heating system (2024), 1 new AC unit (2024), new carpet in bedrooms, flooring in finished lower level, new shower stall & gas stove. Beautiful kitchen setup for the home chef with granite counters, fully appliance, center island and plenty of cabinet space. Large living room with hardwood floors, family room/office with hardwood and a gas fireplace. Formal dining room with hardwood floors. Primary bedroom is spacious with cathedral ceiling/fan, walk in closet & dressing area. Create your dream space in the finished lower level...playroom, media room. Not to be forgotten are the slider doors leading to a perfect backyard oasis, with a screened porch leading to an expansive deck, connected to a stone patio, with a bubbling fountain. This is a great place to escape or entertain family and friends.
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| Mar 17, 2022 | Sold | ||
| Sold | |||
| Jun 30, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017