411 Read Street
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 |
|---|---|---|---|
| May 4, 2023 | Sold | ||
| Sold | |||
| Mar 2, 2023 | Listed by @properties Christie's International Real Estate | $379,900 | |
| Listed by @properties Christie's International Real Estate | |||
| Jun 22, 2019 | No longer available | - | |
| No longer available | |||
| Apr 26, 2019 | Price Decreased |
$289,999
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Apr 12, 2019 | Listed | $294,999 | |
| Listed | |||
| | |||
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Extremely well maintained 3 step ranch w/finished basement (including 4th bedrm), main floor family rm & huge main floor laundry off garage w/new washer/dryer, extra cabinets, counters, storage, frig, water cooler, brand new sink. All windows replaced with Gilkey Windows along with Leaf Guard Gutters & newer driveway. Attractive wood laminate flooring in kitchen, family room, hall & bedrooms. Spacious, ceramic foyer opens to formal living & dining rooms. Big eat-in kitchen has new synthetic granite counters, plenty of cabinets, glass back splash, skylight, generous eating area. Main floor family rm has cathedral ceiling, bay window, beamed ceiling, wood burning FP currently using gas logs. Master bedrm has 2 closets & full, private bath. Hall bath skylight. Large rec rm in finished bsmt has can lights & perfectly hidden secret rm great for safe & valuables, battery back up sump pump. Maintenance-free exterior has vinyl siding, clad soffit-facia-gutters. 19x19 deck. Shows beautifully! The manager has listed the unit size as 2322 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017