450 JEROME AVE
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 4, 2020 | Sold | ||
| Sold | |||
| Jul 6, 2020 | Listed by THE GRUBB COMPANY | $2,750,000 | |
| Listed by THE GRUBB COMPANY | |||
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Located in the heart of Piedmont this home has been exquisitely reimagined, blending chic interior design, modern amenities and beautiful original details. 450 Jerome Ave. has been thoughtfully curated by design firm Studio ShoShin, creating an aesthetic of luxury, balance and easy living. Totally renovated kitchen & family room with top of the line appliances and custom finishes including La Cornue range/double oven, handmade cabinetry, Miele dishwasher and marble countertops. French doors open to patio and gardens. Owner’s suite includes spacious sitting room/office, 2 walk-in closets and dramatic renovated bathroom with soaking tub, marble shower and private sun deck. Close to top rated schools, Mulberry’s Market, parks and transportation. A must see!!
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| Mar 25, 2015 | Sold | ||
| Sold | |||
| Feb 19, 2015 | Listed by THE GRUBB COMPANY | $1,695,000 | |
| Listed by THE GRUBB COMPANY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017