432 Mohawk Rd
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 14, 2024 | Sold | ||
| Sold | |||
| May 8, 2024 | Listed by Lion Gate Real Estate, Inc. | $449,000 | |
| Listed by Lion Gate Real Estate, Inc. | |||
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Beat the market with this raised ranch in Somerset for less than $500,000. Located in a desirable neighborhood. The potential is endless. Sitting on a 10,000 sqft corner lot, with off street parking, garage, finished basement, large bedrooms, deck, sun porch and backyard perfect for entertaining. Located near parks, schools, restaurants, shops and highways. Perfect for single family buyers looking for instant sweat equity.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017