4214 29TH ST
About This Property
The main level includes a large open concept living and dining room area with new windows bringing in an abundance of natural light. The custom kitchen includes stainless steel appliances, soft close white shaker cabinets, quartz countertops, subway tile backsplash with large island. The main level bedroom/office space and full bathroom would be a great space for guests and/or a home office. One level living is possible here! The warm and inviting front porch is a great place to enjoy your morning coffee. The large fenced in back yard has a newly installed fire pit area with plenty of space for your grill, picnic area, or family pet to run. This property is a gem and you must see it.
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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 10, 2023 | Sold | ||
| Sold | |||
| May 31, 2023 | In contract | - | |
| In contract | |||
| May 25, 2023 | Listed by KW Metro Center | $699,900 | |
| Listed by KW Metro Center | |||
| Dec 22, 2022 | No longer available | - | |
| No longer available | |||
| Oct 21, 2022 | Listed by KW Metro Center | $699,000 | |
| Listed by KW Metro Center | |||
Property Highlights
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About Mount Rainier
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017