43 Monroe 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 10, 2024 | Sold | ||
| Sold | |||
| Apr 23, 2024 | Listed by RE/MAX Compass | $289,900 | |
| Listed by RE/MAX Compass | |||
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PRICED TO SELL - Don't miss this meticulously updated colonial. This home features MANY updates: new heating and central air (‘22), converted from oil to natural gas (‘22), updated kitchen, formal dining room, living room, and partial finished basement (all '17), bathroom (‘19), concrete patio w/ firepit ('20), and insulated attic (2023). Enter into a spacious but cozy living room w/ hardwood flooring and fireplace. The kitchen offers quartz countertops, gas range and plenty of cabinet space. Separate dining room boasting wainscoting and hardwood flooring. A 3 season porch overlooks the patio and fenced in backyard. The second floor holds 3 well appointed rooms and a full bath with linen closet. Partially finished basement with tile flooring to be used as you see fit. Detached one car garage. Contingent on sellers finding suitable housing (under contract to purchase, closing 6/12/2024).
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| Aug 1, 2016 | Sold | ||
| Sold | |||
| May 20, 2016 | Listed by RE/MAX Compass | $179,900 | |
| Listed by RE/MAX Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017