4044 Edson Avenue
About This Property
new appliances, granite countertops with ample cabinets. Upstairs has two spacious bedrooms with lots of closet space and one full modern bathroom. Enclosed private backyard with mature plants with deck that lead to kitchen.The finished basement with seperate entrance has an extra room for guests with washer and dryer. Accessible to Major highways (I-87) Bronx River Parkway, Buses (BX31), Metro North Woodlawn station, and subway 2 & 5 and walking distance to shopping & entertainment. Additional Information: HeatingFuel:Oil Above Ground,
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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 |
|---|---|---|---|
| Oct 29, 2020 | Sold | ||
| Sold | |||
| Jul 31, 2020 | Listed by Houlihan Lawrence Inc. | $499,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017