4016 Avenue O
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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%.
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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.
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 |
|---|---|---|---|
| Aug 4, 2023 | Sold | ||
| Sold | |||
| Mar 30, 2023 | Listed by RE/MAX Leading Edge | $245,000 | |
| Listed by RE/MAX Leading Edge | |||
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Great house not far from the beach. Home offers 3 spacious bedrooms, one full bath. Kitchen is open to living area. Garage in the rear was converted to an 1 br apartment. The wood floors were recently refinished and run throughout the living area and bedrooms. Bathroom was recently updated with a lovely tile surround. Yard is partially fenced with off street parking in rear.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017