47 Mechanic 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 |
|---|---|---|---|
| Oct 3, 2024 | Sold | ||
| Sold | |||
| Aug 13, 2024 | In contract | - | |
| In contract | |||
| Aug 9, 2024 | Listed by Berkshire Hathaway HomeServices Page Realty | $649,900 | |
| Listed by Berkshire Hathaway HomeServices Page Realty | |||
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Escape to your own private oasis in this cozy, one-bedroom California ranch nestled on a breathtaking 22-acre lot. Located in the heart of serene countryside, this property offers unparalleled natural beauty and tranquility, featuring a charming brook and a picturesque pond. This rustic one-bedroom ranch-style home combines comfort and ease of living with its open floor plan. Enjoy the warmth of a cozy living space with large windows that bring the beauty of the outdoors in. Experience ultimate privacy on this expansive estate, surrounded by lush woodlands and open meadows. Be on vacation everyday in this beautiful retreat from the everyday hustle. Outdoor Living at Its Best! Embrace the beauty of nature with ample opportunities for outdoor activities. Whether you enjoy hiking, birdwatching, or simply relaxing, this property offers the perfect setting to unwind and connect with nature.
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| Jul 1, 2024 | No longer available | - | |
| No longer available | |||
| May 28, 2024 | Price Decreased |
$735,000
↓ $64K
(8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017