46 W 2nd Street
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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 |
|---|---|---|---|
| Jan 22, 2024 | Sold | ||
| Sold | |||
| Oct 15, 2023 | In contract | - | |
| In contract | |||
| Sep 23, 2023 | Listed by Coldwell Banker American Homes | $529,900 | |
| Listed by Coldwell Banker American Homes | |||
| Jun 6, 2018 | Sold | ||
| Sold | |||
| Mar 27, 2018 | Listed by Douglas Elliman Real Estate | $317,500 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
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Patchogue Village Lovely Quiet Street,Large Rooms,Updated Appliances,Updated Electic/Generatorhookup/Roof Less Than 10 Yrs Old, Large Master W/Bath, Downstairs Offers Great Space For Den, Office Can Be Used As 4th Bedroom, Laundry Room, Garage Attached, Hardwood Floors In Entertaining Area, Oversized Lot A Rare Find In Village. Pool Is A Gift., Additional information: Appearance:Mint,Separate Hotwater Heater:Yes
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About Patchogue
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017