4222 Jackson Street
About This Property
A second, 740 SF (approximate) vacant building on the property functioned as a rental home. Excellent property potential, RENT TWO UNITS or live in the main house, rent the back house ~ could work as guest quarters too. New roof 2019, main house has mini split AC updated in 2020, new electric water heater, surge protector. House has security system and cameras must have an appointment to view. Never Flooded per owner.
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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%.
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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 |
|---|---|---|---|
| Nov 9, 2021 | Sold | ||
| Sold | |||
| Oct 2, 2021 | Listed by RE/MAX The Woodlands & Spring | $219,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
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GREAT INVESTOR PROPERTY! UNRESTRICTED 1/2 ACRE. TWO HOMES ON ONE LOT. Charming 1930's bungalow in the Arcadia Township of Santa Fe with a front porch, Huge corner lot. There are two buildings on this property, the main home, made of cypress wood, living room, dining, and master bedroom have wooden refinished floors, wooden window casings and updated barn door for master bedroom. An upstairs loft adds extra living space.
A second, 740 SF (approximate) vacant building on the property functioned as a rental home. Excellent property potential, RENT TWO UNITS or live in the main house, rent the back house ~ could work as guest quarters too. New roof 2019, main house has mini split AC updated in 2020, new electric water heater, surge protector. House has security system and cameras must have an appointment to view. Never Flooded per owner.
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| Apr 17, 2019 | Sold | ||
| Sold | |||
| Dec 21, 2018 | Listed by Keller Williams Realty | $159,900 | |
| Listed by Keller Williams Realty | |||
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Charming 1930's bungalow in the Arcadia Township of Santa Fe with a front porch for relaxing on a Half Acre, Corner Lot for puttering around. There are two buildings on this property, the main home, made of cypress wood, has original wooden floors and gorgeous, wooden window casings. Large rooms with original 5-panel wooden doors and brass, skeleton key doorknobs add to the home's charm. An upstairs loft adds extra living space. A second, 740 SF, vacant building on the property functioned as a rental home. *No Deed Restrictions*
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017