413 2nd Street
About This Property
This cozy bungalow has a wide front porch across the entire front of the home where you can sit and relax in this small town atmosphere. Inside with three bedrooms and two bathrooms it has ample space for families or individuals looking for a cozy, comfortable home. The house is a unique blend of modern amenities and historic charm. Step inside to the living room featuring beautiful wood floors that flow into the dining area which is ideal for entertaining. The kitchen is fully equipped with modern appliances and features plenty of counter space. The backyard is perfect for gatherings or relaxing in the sun. The yard is well maintained with mature trees providing shade and privacy and there is an area that would be perfect for a grill. There is also a workshop with insulated walls and plenty of electrical outlets. There is so much more to see in this captivating home!
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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 |
|---|---|---|---|
| Jul 2, 2024 | Sold | ||
| Sold | |||
| May 25, 2024 | In contract | - | |
| In contract | |||
| Mar 7, 2024 | Listed by Texas Trust Real Estate | $279,000 | |
| Listed by Texas Trust Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017