451 Cajon Street
About This Property
The MAIN HOUSE boasts 4 large bedrooms, a loft, and 3 bathrooms. The first floor bedroom even has an adjacent bathroom and around the corner there is a spacious living area with a large updated kitchen and dining room. There are original hardwood floors, tall baseboards, handsome door casings, and a fireplace. The upstairs master bedroom and ensuite are generously sized to include a sitting area and walk-in closet.
The GUEST HOUSE is an adorable studio (approx. 220 sqft) that is perfect for extra income or extra family. Behind a steel automatic gate, there are 2 detached garages on this large lot; perfect for all your cars and storage needs!! Come take a look at this great home/business today!!
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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 |
|---|---|---|---|
| Apr 11, 2018 | Sold | ||
| Sold | |||
| Feb 12, 2018 | Listed by RE/MAX ADVANTAGE | $520,000 | |
| Listed by RE/MAX ADVANTAGE | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017