48 Oliver 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 |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Dec 13, 2024 | In contract | - | |
| In contract | |||
| Dec 5, 2024 | Listed by The Murphys REALTORS®, Inc. | $339,000 | |
| Listed by The Murphys REALTORS®, Inc. | |||
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Charming ranch-style home nestled on a corner lot, offering both comfort and potential. This 2-bedroom home features a welcoming layout with lovely hardwood floors and solid wood doors. The large eat-in kitchen provides ample space, while the living room boasts a cozy fireplace and bay window that bathes the space in natural light. The bathroom showcases a walk-in shower with a convenient seated area, adding both functionality and modern comfort. A heated sunroom overlooks a private backyard, creating a serene retreat with privacy hedges and a cute storage shed. The outdoor patio provides the perfect spot for relaxation and entertaining. The attached one-car garage offers convenient parking and additional storage. While the home presents some opportunities for updates, its solid bones and charming features make it an excellent investment for those willing to add personal updates and touches.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017