408 Biscayne St
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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 |
|---|---|---|---|
| May 21, 2021 | Sold | ||
| Sold | |||
| Apr 1, 2021 | Listed by Cedar Frame, LLC | $205,000 | |
| Listed by Cedar Frame, LLC | |||
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Located across the street from Veterans Park, this bright and airy home provides an ideal setting for relaxation. Sip tea in the shade of the covered front porch or watch baseball games from the back deck overlooking the fenced backyard. Inside, large windows and high ceilings in the living room combine with the shared kitchen and dining space to create a roomy environment. Three bedrooms and two full bathrooms account for the rest of the 1438 sq ft, while the 2-car garage provides additional storage space.
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Last Updated: 6 months ago
Data Source: HAR , MLS# 16106817
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017