407 Hovey 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 |
|---|---|---|---|
| Jul 27, 2022 | Sold | ||
| Sold | |||
| Jun 9, 2022 | Listed by RE/MAX Rising | $140,000 | |
| Listed by RE/MAX Rising | |||
| Mar 9, 2020 | No longer available | - | |
| No longer available | |||
| Nov 28, 2019 | Listed | $110,000 | |
| Listed | |||
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Check out this charming home nestled on a quiet street in Normal. Close ISU, IWU, and Bromenn the homes large back yard backs up to Glenn Elementary. With fresh paint, a new AC Unitu ('19), new landscaping and many plumbing updates this home is move in ready! The manager has listed the unit size as 1030 square feet.
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Property Highlights
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$2,400 /mo
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$2,700 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017