4228 196th Street
About This Property
The kitchen has stylish barn wood floors and ample cabinetry, providing plenty of space for meal preparation. Upstairs, three serene bedrooms offer a peaceful retreat. The fully finished basement adds a versatile flex space, perfect for recreation or storage, and includes its own egress. Additional storage is available in the attached one-car garage. Step outside and be delighted by the designed fenced backyard, complete with a soothing water feature.
With easy access to parks, schools, public transportation, and just a short distance to the railroad and La Guardia Airport, this home offers unmatched convenience.
This residence is a rare find, presenting a one-of-a-kind opportunity to enjoy stylish living. Additional Information: ParkingFeatures:1 Car Attached,
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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 |
|---|---|---|---|
| Feb 6, 2025 | Sold | ||
| Sold | |||
| Dec 6, 2024 | In contract | - | |
| In contract | |||
| Nov 23, 2024 | Relisted | $939,000 | |
| Relisted | |||
| Nov 23, 2024 | No longer available | - | |
| No longer available | |||
| Nov 9, 2024 | Listed by Compass Greater NY, LLC | $939,000 | |
| Listed by Compass Greater NY, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017