453 Putnam Avenue #2
About This Property
A brownstone condominium is the best way to enjoy the merge of classic style and modern convenience. This expertly laid out 2 bedroom, 2 full bath offers a lovely collection of modern materials including wide plank whitewash hardwood flooring, unique light fixtures and custom kitchen cabinetry with full-size appliances and counter seating. The oversized windows flood the kitchen and living room with gorgeous sunlight. And you can enjoy the outdoors additionally from your private balcony off the master bedroom or atop from your shared roof deck. Completely this terrific package with central heating/cooling, washer/dryer in the unit and video intercom. This splendid unit is also tax-abated for the next 8 years!
Located steps from one of Bedstuy's coolest corridors, Tompkins Avenue, you will have everything at your fingertips! Bedvyne Brew, Peaches HotHouse, Common Grounds Cafe, Eugene & Co., Chicky's, Lover's Rock, peace & Riot, Life Wellness Center, Stacked Yoga, are just a few the amazing businesses that give this neighborhood its wonderful energy. And two weekends in the summer TAMA (Tompkins Avenue Merchants Association) throws a terrific street festival! Come be a part of a community that is about community! ALSO AVAILABLE FOR RENTAL.
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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 |
|---|---|---|---|
| May 20, 2021 | No longer available | - | |
| No longer available | |||
| May 6, 2021 | Sold | ||
| Sold | |||
| Mar 23, 2021 | In contract | - | |
| In contract | |||
| Jan 5, 2021 | No longer available | - | |
| No longer available | |||
| Jun 24, 2020 | Price Decreased |
$799,000
↓ $30K
(3.6%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/07/2019
|
2 Bed
|
2 Bath
|
723 ft²
|
$850,000
2 Bed
2 Bath
723 ft²
|
$750,000
-11.76%
05/06/2021
|
Lois Thompson
The Corcoran Group
| |
|
04/19/2017
|
2 Bed
|
2 Bath
|
723 ft²
|
$770,000
2 Bed
2 Bath
723 ft²
|
$770,000
08/02/2017
|
David Beegun
The Corcoran Group
| |
|
04/13/2017
|
3 Bed
|
2 Bath
|
1741 ft²
|
$1,550,000
3 Bed
2 Bath
1741 ft²
|
$1,550,000
07/31/2017
|
David Beegun
Corcoran Group
| |
|
03/10/2017
|
2 Bed
|
2 Bath
|
738 ft²
|
$753,505
2 Bed
2 Bath
738 ft²
|
$753,505
08/05/2017
|
Brooke Safford
Corcoran Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017