404 Gano Avenue
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 |
|---|---|---|---|
| Feb 19, 2014 | Sold | ||
| Sold | |||
| Dec 23, 2013 | Listed by I ON REAL ESTATE & INVESTMENTS | $59,900 | |
| Listed by I ON REAL ESTATE & INVESTMENTS | |||
| | |||
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This 3/1.5 needs a little TLC, but can be a great starter home for the first time home buyer. Home is on a corner lot, concrete block with brick front and enclosed patio. Storage room off carport and inside laundry room. Kitchen opens to family room and has living room dining room combo. Property sold ''as is''. Buyer to verify sq ft, room size and count and lot size prior to close. This home is a Fannie Mae HomePath property and is eligible for a Homepath Renovation Mortgage. Add in cost of renovations to the loan.
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| Oct 17, 2013 | Listed by I ON REAL ESTATE & INVESTMENTS | $59,900 | |
| Listed by I ON REAL ESTATE & INVESTMENTS | |||
Property Highlights
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About Bellair-Meadowbrook Terrace
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017