47 Main Street
About This Property
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 |
|---|---|---|---|
| Jul 20, 2020 | Sold | ||
| Sold | |||
| May 7, 2020 | Listed by Converse Company Real Estate | $1,075,000 | |
| Listed by Converse Company Real Estate | |||
| May 4, 2018 | Sold | ||
| Sold | |||
| Mar 1, 2018 | Listed by Converse Company Real Estate | $575,000 | |
| Listed by Converse Company Real Estate | |||
| | |||
|
Prime Marion Village location, just steps away from all village amenities and waterfront, this 1815 Cape Cod-style home sits on an over-sized 0.25 acre parcel. This is a rare and exciting opportunity to revive an historical Sea Captain's home that, in its current state, captures the essence of a time gone by. While this home requires extensive restoration, the quarter-acre lot allows for ample expansion. This property presents an opportunity to bring history back to life with a modern touch, while at the same time getting a good return on investment. Here is your opportunity to live in the heart of this quaint community, with the convenience of schools, library, stores, and clubs at your fingertips! Town water and sewer, municipal gas available at the street. This property is not in the flood zone!
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017