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447 Helen Street
About This Property
Comfort is ensured with new Mini Split air conditioning systems, each equipped with individual controls to eliminate any thermostat disputes. The indoor laundry room adds convenience, and the property boasts a state-of-the-art water filtration system alongside a brand-new septic system.
Included in the square footage is a beautifully finished garage space, perfect for a multi generational family. Situated on a generously sized, private lot at the end of a serene street, this home offers peace and tranquility with no through traffic. The location is exceptionally convenient, providing easy access to shopping and a short drive to the beaches.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 4, 2024 | Sold | ||
| Sold | |||
| Aug 16, 2024 | In contract | - | |
| In contract | |||
| Jul 7, 2024 | Price Decreased |
$389,400
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Jun 22, 2024 | Price Decreased |
$394,400
↓ $24K
(5.7%) | |
| Price Decreased | |||
| May 31, 2024 | Price Decreased |
$418,400
↓ $40K
(8.8%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017