4627 Depew Ave
About This Property
Seller needs to sell. We will present all reasonable offers. Access will be granted during option period. Seller prefers to sell as package deal with 3204 Tom Green.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Aug 13, 2025 | In contract | - | |
| In contract | |||
| Apr 14, 2025 | Price Decreased |
$1,150,000
↓ $150K
(11.5%) | |
| Price Decreased | |||
| Dec 20, 2024 | Price Decreased |
$1,300,000
↓ $200K
(13.3%) | |
| Price Decreased | |||
| Jul 5, 2024 | Listed | $1,500,000 | |
| Listed | |||
| | |||
|
Renovation or Redevelopment opportunity awaits! Location, location, location! Main house is a 3/2, approx 1000 sqft.
Five other units that are 2/1 and approx 600 sqft each. Alley access. Central HVAC in main house. Window units in the five units. Rents are way under value due to length of occupancies (currently bringing in $6200/month). Seller needs to sell. We will present all reasonable offers.
Access will be granted during option period. Seller prefers to sell as package deal with 3204 Tom Green. Buyer must confirm all provided information.
| |||
| Jun 21, 2024 | Listed by Keller Williams Realty | $1,500,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017