12
Map
409 Thomas Avenue
About This Property
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Cap Rate Calculator
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 24, 2024 | Sold | ||
| Sold | |||
| May 2, 2024 | In contract | - | |
| In contract | |||
| Apr 23, 2024 | Price Decreased |
$160,000
↓ $35K
(18%) | |
| Price Decreased | |||
| Mar 13, 2024 | Price Decreased |
$195,000
↓ $35K
(15.2%) | |
| Price Decreased | |||
| Oct 20, 2023 | Listed by CNGROUP REALTY CORP | $230,000 | |
| Listed by CNGROUP REALTY CORP | |||
| | |||
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Wonderful opportunity to own a great home, quite residential area features 3 Bedroom, 1 Bath, pool nice backyard, carport for 4 cars in front of property. In back an efficiency Studio style with bathroom, kitchette. In back of eff. an storage as well. Great investment deal or first time buyers. Vacant!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017