423 IOWA AVE
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 |
|---|---|---|---|
| Oct 16, 2020 | No longer available | - | |
| No longer available | |||
| Sep 11, 2020 | Sold | ||
| Sold | |||
| Jul 22, 2020 | Listed by RE/MAX ONE Realty-Moorestown | $184,900 | |
| Listed by RE/MAX ONE Realty-Moorestown | |||
| Dec 17, 2012 | Sold | ||
| Sold | |||
| Nov 5, 2012 | Listed by Coldwell Banker Realty | $159,000 | |
| Listed by Coldwell Banker Realty | |||
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Totally Renovated in 2012. New bathroom and plumbing. New electric service panel and grounds, new outlets and recessed lighting. New Energy Star windows and existing Pella windows all reconditioned. New drywall over new studs. New insulation even in the interior walls. Living room has new hardwood flooring and French doors to the dining room. New kitchen, new cabinets, new counter tops, new appliances. Sliding doors open to the large deck with new planking, fenced yard, storage shed and concrete patio. The property is 108 x 100 with plenty of room to build a 2-car garage. A full finished basement has a large family room and several other finished bonus rooms including a good size laundry room. There is central air and a gas heater. The chimney could handle a fireplace if you want that in the future. Taxes are just over $4000 a year. This is a very affordable 2-bedroom home. One Year Home Warranty is also included.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017