425 Manhattan Dr #ABC
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 |
|---|---|---|---|
| Aug 29, 2024 | Sold | ||
| Sold | |||
| Mar 22, 2024 | Listed by Fox Property Management | $1,690,000 | |
| Listed by Fox Property Management | |||
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Don't miss out on this incredible opportunity to own this lucrative triplex income property in a thriving community. This tenant occupied, well-maintained property boasts three separate units, each offering its own unique charm and rental potential. Whether you're looking to diversify your investment portfolio or secure your financial future, this property has everything you need and more. Schedule a viewing today and start reaping the rewards of this real estate investment!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/22/2024
|
7 Bed
|
5 Bath
|
-
|
$1,690,000
7 Bed
5 Bath
|
$1,500,000
-11.24%
08/29/2024
|
Jennifer Fox
Stellar Properties, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017