394 Central Street
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 |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| May 13, 2024 | Listed by Berkshire Hathaway HomeServices Warren Residential | $499,000 | |
| Listed by Berkshire Hathaway HomeServices Warren Residential | |||
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Ideal starter home with numerous upgrades! This charming brick-front cape on a spacious corner lot has seen many recent enhancements by its current owner, including upgraded electrical panel, hot water tank, and home water filtration system to name just a few. The roof is newer, and the property offers ample parking with two driveways. Inside, enjoy the warmth of hardwood floors, a cozy living room with fireplace, and convenient attached garage. The large, fully fenced yard offers privacy and ample potential for creating your dream outdoor space. Solar panels (leased) add eco-friendliness to this inviting home. Conveniently located near Route 1 and other key amenities, this is a great opportunity for first-time buyers. Don't miss your chance to own this home!
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| Jun 2, 2020 | Sold | ||
| Sold | |||
| Mar 20, 2020 | Listed by Berkshire Hathaway HomeServices Warren Residential | $399,900 | |
| Listed by Berkshire Hathaway HomeServices Warren Residential | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017