404 Nelson 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 |
|---|---|---|---|
| Jan 14, 2021 | Sold | ||
| Sold | |||
| Oct 27, 2020 | Listed by Houlihan Lawrence Inc. | $469,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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Welcome to this beautiful, lovingly maintained home with covered front porch set back off the road featuring original details including hardwood floors, pocket doors and original trim throughout. Spacious living room with fireplace and sliding door to patio and lawn, large formal dining room with fireplace and pass thru to renovated farmhouse style kitchen with stainless appliances, shaker style cabinets, quartz countertop, butler pantry and mud room with door out to patio and yard. Upstairs offers spacious master bedroom, renovated hall bath, 3 additional bedrooms and even a nook for home office/remote learning. Walk-up attic offers easy access for tons of storage. Unfinished basement adds additional storage with laundry area and extra sink. Separate two car garage and long driveway for plenty of off street private parking. This beautiful home is located just minutes to neighborhood shops, coffee houses, restaurants, schools, hospital, parks and recreation, waterfront, bike trails, golf, parkways and an easy commute to NYC via Metro North!
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| Jul 14, 2006 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017