48 Pratt Ave
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 |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| Jul 8, 2024 | In contract | - | |
| In contract | |||
| Jun 18, 2024 | Listed by Branca Real Estate | $859,000 | |
| Listed by Branca Real Estate | |||
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Charming colonial with tons of character sitting on a large corner lot close to neighborhood entrance and mailbox station. This 3BR/2.5Bath design has an open concept floor plan with a custom kitchen, oversized cabinets, granite countertops, stainless steel appliances and an oversized pantry. The kitchen overlooks the dining area and fireplaced living room. TONS OF NATURAL LIGHT THROUGHOUT! First floor has hardwood throughout and features 9’ ceilings with a flex/study room off of the open-to-below foyer. Upstairs you will find 3 large bedrooms and full bath. The primary suite is equipped with a vaulted ceiling and sitting room, full bath (with oversized double sink vanity) and a massive walk-in closet. Upstairs laundry room for convenience. Open staircase to full basement that is perfect for future finishing. 2 car garage fully insulated. Professionally landscaped level lot. 10yr Home Warranty can be transferred to new owner (fee to be paid by Buyer).
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| Dec 27, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017