48 N Main 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 |
|---|---|---|---|
| Nov 8, 2019 | Sold | ||
| Sold | |||
| Oct 7, 2019 | Listed by Prospective Realty INC | $214,900 | |
| Listed by Prospective Realty INC | |||
| Jan 29, 2019 | Sold | ||
| Sold | |||
| Nov 3, 2018 | No longer available | - | |
| No longer available | |||
| Nov 3, 2018 | Listed by Prospective Realty INC | $54,900 | |
| Listed by Prospective Realty INC | |||
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MULTIPLE OFFERS HAVE BEEN SUBMITTED ON THIS PROPERTY. THE SELLER REQUESTS YOUR HIGHEST & BEST OFFER BE SUBMITTED ON OR BEFORE DECEMBER 23, 2018 AT 5:40 PM. Great commuter location within a mile from Route 2 sits this antique 3 bedroom Colonial. This property which does need some work may be just the home you've been looking for to put that Renovation loan to great use! Large kitchen, living room with possible wood stove or fireplace connection, first floor bath with laundry hook ups! This is a Fannie Mae Home Path Property. First time buyers may receive up to 3% closing cost assistance by completing the Home Path Ready Buyer Homeownership course "Restrictions Apply".
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017