4623 Feagan Street
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 |
|---|---|---|---|
| May 31, 2023 | Sold | ||
| Sold | |||
| Feb 17, 2023 | Listed by Real Properties | $670,000 | |
| Listed by Real Properties | |||
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THIS GEM IS THE LARGEST LOT AVAILABLE ON MARKET IN THE HIGHLY DESIRED BRUNNER SUBDIVISION. ITS AN EXCELLENT OPPORTUNITY FOR AN INVESTOR TO DEVELOP TOWNHOUSES/DREAM HOME. THE PROPERTY SITS ON A 7,131 SQFT CORNER LOT, IS IN GOOD CONDITION, GIVEN IT WAS AN ART GALLERY PREVIOUSLY. CAN BE A COZY RENTAL OR A FUN REHAB, MULTIPLE PLAY OPPORTUNITY. GREAT LOCATION, EASY ACCESS TO MAJOR FREEWAYS, FEW MINUTES FROM DOWNTOWN.
DON'T MISS THIS OPPORTUNITY!
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| Jan 26, 2022 | Sold | ||
| Sold | |||
| Jan 12, 2022 | Listed by Martha Turner Sotheby's | $550,000 | |
| Listed by Martha Turner Sotheby's | |||
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Excellent opportunity to develop a 7,131 sq.ft. lot. Property being sold primarily for lot value, however, house is in very good condition and could be occupied while waiting to build. Beautiful backyard. New townhomes/houses going up in the area. Corner lot. Great location.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017