470 S Nelson Avenue
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 |
|---|---|---|---|
| Jun 13, 2022 | Sold | ||
| Sold | |||
| May 16, 2022 | Listed by Berkshire Hathaway HomeServices Speckman Realty | $47,900 | |
| Listed by Berkshire Hathaway HomeServices Speckman Realty | |||
| Jan 2, 2021 | No longer available | - | |
| No longer available | |||
| Sep 5, 2020 | Price Decreased |
$59,000
↓ $3K
(4.8%) | |
| Price Decreased | |||
| Jul 30, 2020 | Listed | $62,000 | |
| Listed | |||
| | |||
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Charming 1.5 story home with full unfinished basement. This home features spacious living room with Hardwood flooring and trim. Kitchen with separate dining room. Upstairs features Bonus room great for office or tv room and 9x12 bedroom with hardwood flooring and paneling. Main floor bath is current being remodeled. Updated Roof & Gutters in last 4 years. Fenced yard, detached garage. Sold as is. Call for your private showing today! The manager has listed the unit size as 1009 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017