4641 48th 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 |
|---|---|---|---|
| Jul 8, 2019 | Sold | ||
| Sold | |||
| Apr 19, 2019 | Listed by Compass | $989,000 | |
| Listed by Compass | |||
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This remarkable, single-story home has been restored top-to-bottom over the last few years, including a one-bedroom permitted granny flat addition! There are original oak floors throughout the living area, remodeled bathrooms with classic tile work, free standing Restoration Hardware vanity and large walk in shower. The kitchen is adorned with stone counter tops, new cabinetry and stainless appliances. A banquette wraps around the breakfast nook with storage galore. The fully fenced yard is paradise. There are numerous upgrades and updates made by the owner-occupant during the remodel. A new roof, new wiring and electrical panel which is solar-ready, new central heating and air conditioning system, all new windows, surround sound speakers, Restoration Hardware vanity, Rain shower heads, two fenced back yards (one for the main house and one for the guest house) with French drains, fire pit, outdoor dining room, EZ turf with a 15 year warranty...the list goes on. The spectacular guest house has a high end kitchenette, vaulted ceilings in the living room with recessed lighting, gas fireplace, wood flooring, separate bedroom with French doors leading to its own back yard. This home is truly unique and must be viewed in person to appreciate all it has to offer.. Neighborhoods: Talmadge Equipment: Garage Door Opener Other Fees: 0 Sewer: Sewer Connected Topography: LL Guest House Est. SQFT: 400
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| Sep 15, 2014 | Sold | ||
| Sold | |||
| Jun 26, 2014 | Listed by BCA Real Estate, Inc. | $669,000 | |
| Listed by BCA Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017