48 Washington 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, 2024 | Sold | ||
| Sold | |||
| Apr 27, 2024 | In contract | - | |
| In contract | |||
| Feb 3, 2024 | Price Decreased |
$825,000
↓ $25K
(2.9%) | |
| Price Decreased | |||
| Jun 9, 2023 | Listed by Howard Hanna Rand Realty | $850,000 | |
| Listed by Howard Hanna Rand Realty | |||
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Filled with soft southern light, this one of a kind Victorian home awaits your vision and has incredible bones and potential and is a truly worthwhile project. Located in one of South Nyack's most coveted neighborhoods next to other stately Victorians. You will truly feel like you have stepped into the past . The generously sized wrap around porch overlooks well established heirloom gardens, and the southeastern exposure sets the stage for both amateur and seasoned gardeners alike. An ensuite master bedroom features a charming turret as well as a wood burning fireplace. The living room features a wood burning fireplace, the family room has great built ins, and there are hardwood floors throughout. The charming finished third floor offers more flexible space depending on your needs. Set on .27 of an acre this property could easily handle an addition. The backyard has a cozy porch which overlooks the lush flat lawn. Detached 2 car garage. An easy and flat walk to the Village with all its cafes, original shops, and restaurants. UN Elementary School.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017