422 2nd St
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 |
|---|---|---|---|
| Jun 20, 2024 | Sold | ||
| Sold | |||
| May 24, 2024 | In contract | - | |
| In contract | |||
| May 6, 2024 | In contract | - | |
| In contract | |||
| May 3, 2024 | Listed by The Carlton Company | $575,000 | |
| Listed by The Carlton Company | |||
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Wow! Beautiful Lovingly Cared For Turn of the Century Home with 2 Over Size Garages * Updated & Upgraded * Large Vaulted Open Custom Kitchen with Large Granite Island * Stainless Appliances * Large Formal Dining Area w/ Gas Fireplace * Awesome for Entertaining * Large Family Room with Gas Fireplace & Custom Curio Cabinet * Large Primary Suite with Private Full Bath * Large Main Floor Bedroom with Pass-through to Bath * Nice Size Secondary Bedrooms * Covered Patio with Outdoor Kitchen for Entertaining & Barbeques on Summer Days * 6 Flower Beds for the Gardener * Rose Garden * .29 Acre Lot * Car Lovers Dream Garages * RV Parking * Newer Roof * Walking Distance to The Town Of Frederick * The Town of Frederick has 118 Trails Spanning 815 Miles
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| Aug 8, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017