409 Coolidge Avenue
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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%.
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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 |
|---|---|---|---|
| Mar 31, 2023 | Sold | ||
| Sold | |||
| Jan 20, 2023 | Listed by Keller Williams Shore Properties | $824,900 | |
| Listed by Keller Williams Shore Properties | |||
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Featured Listing.. Water views from almost every room of this newer construction home on a full lot, not a half lot, on a quiet dead-end street! This house has it all...8 Years young, this 5 bedrooms, 2 bathrooms with 1 bedroom on first floor. House constructed with 2X6 & not 2x4s, along with extra support on the pilings, windows on top floor are rated to withstand winds of 150mph.The lower level of the home was built with indoor/outdoor living in mind with 2 garage doors on the back along with a quarter of it dedicated to storage. Azek panels over lattice on rear 50% of house can be removed to allow breezes to flow through. Property has fully fenced in backyard and 5 handmade raised Azek flower boxes to showcase your favorite plants. As you walk in, 9ft ceilings greet you. The open concept on 1st floor along with upgraded appliances in kitchen makes entertaining effortless. Bruce hardwood floors throughout the 1st and 2nd floor. Tankless water heater allows unlimited showers after a sandy day at the beach. Bathrooms were made to easily clean so you are not spending your weekends cleaning. Quartz countertops in both bathrooms. Laundry is conveniently located on 2nd floor. House construction was finalized by Westrum/Simplex in October of 2014.
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| Mar 21, 2014 | Sold | ||
| Sold | |||
| Jan 1, 2014 | Listed by Birchler Realtors | $189,900 | |
| Listed by Birchler Realtors | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017