463-5D 1ST ST
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 |
|---|---|---|---|
| Oct 29, 2025 | Sold | ||
| Sold | |||
| Sep 11, 2025 | In contract | - | |
| In contract | |||
| Aug 20, 2025 | Listed by New and Modern Group, LLC | $625,000 | |
| Listed by New and Modern Group, LLC | |||
| Jul 30, 2025 | Listed | $925,000 | |
| Listed | |||
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Welcome to Unit 5E at 463 1st St - a well-appointed 2 bedroom, 2 full bath residence that offers an open layout, quality updates, and functional living space in a professionally managed elevator building. As you enter, you're welcomed by a foyer with coat closet that leads into an open-concept living and dining area, enhanced by high ceilings and gleaming hardwood floors. The renovated kitchen is outfitted with modern cabinetry, pantry and clean finishes, ideal for everyday cooking or hosting. Both bathrooms have been tastefully updated and feature heated flooring for added comfort. The first bedroom is versatile, perfect for guests, a nursery, or home office. The primary suite includes a renovated bath, a walk-in closet, and access to a private terrace, ideal for morning coffee or evening downtime. Additional highlights include communal laundry on the same floor, a gated garage, and low-maintenance condo living. Located in Downtown Hoboken, you're just minutes from the PATH, local restaurants, coffee shops, and everyday conveniences, all within easy reach. Schedule a showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017