416 Front 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 |
|---|---|---|---|
| Oct 31, 2024 | Price Increased |
$685,000
↑ $35K
(5.4%) | |
| Price Increased | |||
| Oct 7, 2024 | Relisted | $650,000 | |
| Relisted | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
| Aug 31, 2024 | Listed | $650,000 | |
| Listed | |||
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Built in 1910 and fully renovated 2 years ago! New Kitchen, New Bathrooms, New plumbing, New electrical, New deck and a Newer Roof! Large lot with alley access is perfect for parking toys in the large backyard or build an ADU to get some rental income. The city said there is room for an ADU! 10 ft ceilings and the natural light create an elegant feeling in this charming Edwardian home. This home was built with lots of Old Growth Redwood which has proven to be one of the best building materials. The Front Porch and the Back Deck are ready for entertaining your guests! Assuming the Sellers loan is a possibility@ 5.25% rate!! (Take over Payments)
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| Jun 12, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017