42 Park Avenue
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 |
|---|---|---|---|
| Dec 31, 2024 | Sold | ||
| Sold | |||
| Oct 15, 2024 | In contract | - | |
| In contract | |||
| Oct 8, 2024 | Listed by Lamacchia Realty, Inc. | $399,000 | |
| Listed by Lamacchia Realty, Inc. | |||
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Charming Home w/ Legal In-Law Suite & Prime Location! This delightful home features a legal in-law suite w/ its own private entrance. The main house welcomes you w/ a screened-in front porch leading you inside to the sun-filled living room boasting hardwood floors that flow seamlessly into the formal dining room. The eat-in kitchen provides plenty of room for casual dining. A versatile sunroom on the first floor adds extra space for relaxation or a home office. Upstairs, you’ll find three bedrooms, a full bath & a walk-up attic offering easy storage solutions. The in-law apartment includes a cozy living room w/ hardwood floors, a spacious eat-in kitchen, a bedroom, full bath & its own laundry hookups, perfect for multigenerational living. Outside, enjoy the convenience of a paved driveway leading to a detached one-car garage. Located just minutes from Memorial Beach and offering quick access to Rt. 395, this home is a commuter’s dream. Don’t miss this incredible opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017