44 Harris Street
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 12, 2024 | Sold | ||
| Sold | |||
| Feb 4, 2024 | In contract | - | |
| In contract | |||
| Feb 1, 2024 | Listed by Custom Home Realty, Inc. | $269,900 | |
| Listed by Custom Home Realty, Inc. | |||
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While this 3 Bedroom fixer-upper needs a bit of work; it has a charming floorplan & a lot of potential. It's being sold in as-is condition but the boiler & oil tank were replaced about 5 years ago & roof was replaced in 2016. Being a rental for the last 13 years leaves updating to do & may require some plumbing work, floor refinishing & paint, but what can you find these days at this price that doesn't need some work? Exterior is vinyl & the home is connected to town water & sewer. if you have hobbies, there are multiple sheds in the flat rear yard. Appliances appear to be working but handle has broken off the refrigerator. One broken basement window will be repaired & there are handrails & no peeling paint I could see. Plenty of storage in the eaves. Water is turned off to the exterior spigot so may not be able to power wash as intended. Should be able to accommodate a quick closing. Bring your imagination & elbow grease and make this into a showcase home. Open House Sat 2/3 from 1-3.
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| May 1, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017