41 Observatory Ave
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 |
|---|---|---|---|
| Dec 21, 2011 | Sold | ||
| Sold | |||
| Nov 1, 2011 | Listed by Dave Mahoney Homes | $206,000 | |
| Listed by Dave Mahoney Homes | |||
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Welcome Home to your charming American Foursquare Colonial! Many period details, including Bay window, meticulous hardwood floors throughout, window seat and custom woodwork. This low maintenance treasure has new windows, updated electrical and vinyl siding. You can enjoy your private well-maintained yard, which includes a spacious shed and 2-car garage. Close to major highways, commuter rail, schools and shopping, this sought after gem is waiting for you!
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| Jul 25, 2011 | Listed by ZipRealty, Inc | $206,000 | |
| Listed by ZipRealty, Inc | |||
| Jan 18, 2007 | Sold | ||
| Sold | |||
| Feb 9, 2006 | Listed by Buyers Brokers Only, LLC | $249,900 | |
| Listed by Buyers Brokers Only, LLC | |||
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This 6 rm, 3 bedrm, 2 bath colonial home has much to offer ... Step back in time -loaded with old world charm and rich detail. Fabulous corner lot with a great back yard and plenty of space and privacy to enjoy with your loved ones ... Original hdwd throughout the house, 2 car garage - separate storage shed along with 2 additional parking spots. A wonderful house - just looking for the right person to make it a beautiful home. A little paint, paper and cosmetics and you will have a gem!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017