416 Nelson Avenue
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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 |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| Apr 26, 2024 | In contract | - | |
| In contract | |||
| Apr 9, 2024 | Listed by Keller Williams Realty Partner | $650,000 | |
| Listed by Keller Williams Realty Partner | |||
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Welcome to your serene retreat nestled on half an acre of lush land, offering unparalleled privacy for tranquil living. This charming colonial home boasts a timeless appeal with its original and gleaming woodworks that exude warmth and character throughout. Step inside on the first floor to discover a large living room, a formal dining room, a sun room, a full bathroom and an updated kitchen, complete with brand new appliances, seamlessly blending modern convenience with historic charm. Large windows flood the space with tons of natural lights, creating an inviting atmosphere for culinary creations and gatherings with loved ones. The stunning original wood staircase leading to the second floor features three spacious bedrooms, an oversized full bath, a walk in closet and a bonus room which can be used as a den/office providing comfort and convenience for your everyday needs. Ascend to the finished attic, perfect for a recreational space where you can unwind and indulge in hobbies or simply bask in the panoramic views of your picturesque surroundings. The walk-out basement offers endless possibilities, whether you choose to transform it into a home office, a workout area, or additional living space to suit your lifestyle needs. Outside, the expansive grounds offer a stone firepit which is perfect for BBQ, an ample room for other outdoor activities: gardening or simply enjoying the peace and serenity of nature. Don't miss your chance to make this idyllic retreat your own and experience the timeless allure of colonial living combined with modern comforts. Schedule your viewing today and embark on a journey to your own private oasis.
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| Oct 4, 2006 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017