403 WASHINGTON Street
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 31, 2023 | No longer available | - | |
| No longer available | |||
| Nov 17, 2023 | Price Increased |
$24,000
↑ $7K
(37.1%) | |
| Price Increased | |||
| Oct 8, 2023 | Price Decreased |
$17,500
↓ $2K
(7.9%) | |
| Price Decreased | |||
| Sep 26, 2023 | Price Decreased |
$19,000
↓ $5K
(20.8%) | |
| Price Decreased | |||
| Aug 23, 2023 | Listed by Prudential Ada, REALTORS | $24,000 | |
| Listed by Prudential Ada, REALTORS | |||
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Discover the potential of this vacant lot, ideally located just moments away from downtown. The lot has been cleared so check with the city's zoning office about restriction concerns you might have for the use of the property. Don't miss the opportunity to put your own vision to work on this property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017