48 Richter Avenue
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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 |
|---|---|---|---|
| Jul 7, 2022 | Sold | ||
| Sold | |||
| May 18, 2022 | Listed by RE/MAX REVOLUTION | $369,900 | |
| Listed by RE/MAX REVOLUTION | |||
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This beautiful craftsman style home is ready & waiting for you! Gorgeous covered front porch with mahogany decking welcomes you into this lovely home. Charming glass door knobs and decorative base molding and door trim are just the start to this lovely home. Spacious living room w/plush carpet, rec lights, large windows for great natural light. Dining room offers crown molding and is accented with a chair rail. Updated kitchen features whte cabinets, granite countertops, subway tile backsplash, Bbreakfast nook, breakfast bar w/overhang for seating and slider to deck in backyard. Master and two additional bedrooms are all on the second floor, large full bath w/tub and tile and a separate shower stall w/tile surround and accented w/border, vanity w/corian top. Wlk up attic for storage, full basement w/laundry, storage and half bath. Spacious backyard mostly fenced, storage shed and extended concrete driveway. Some additional features are, anderson windows, gas heat, central air (high velocity system). Don't miss out come and preview this home today!!!
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| Mar 13, 2017 | Sold | ||
| Sold | |||
| Oct 2, 2016 | Listed by WEICHERT CO REALTORS | $274,000 | |
| Listed by WEICHERT CO REALTORS | |||
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This 3BR has been turned into a 2BR with a large Master. Upgraded Electric, Multi-zone heat, newer water heater, high velocity AC, remodeled main bath, expanded kitchen, cedar front porch with mahogany decking, professionally landscaped, with paver path, sprinkler system, and rear deck overlooking quiet, serene yard!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017