48 Water 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 |
|---|---|---|---|
| May 16, 2016 | Sold | ||
| Sold | |||
| Mar 3, 2016 | Listed by Compass | $224,900 | |
| Listed by Compass | |||
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This is the WOW factor home you have been waiting for, this home has been remodeled from top to bottom. Beautiful new kitchen with all new appliances and granite counters, downstairs full bath has a six foot soaker tub. Brand new bamboo flooring throughout the first floor. Good size first floor master with his and her closets makes for easy living. Upstairs consists of two good sized bedrooms and another full Bath with a remote thermostatic valve and a four head rain shower. Another 400 SF of living space in the lower level adds a laundry room and an exercise/bonus room with a sunken treadmill. Exterior is new vinyl siding and a new roof. Interested in keeping your heating costs down? This home has spray foam insulation throughout and can be heated with just the wood stove. Four zone heat pump system allows for cooling too. All this home needs is somebody to turn the key. Will it be you?
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| Sep 28, 2012 | Sold | ||
| Sold | |||
| Mar 6, 2012 | Listed by DeVries Dolber Realty, LLC | $50,000 | |
| Listed by DeVries Dolber Realty, LLC | |||
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PRICE TO SELL. Antique Village Colonial. Walking Distance To Town Center And Park. Three Bedrooms, Some New Windows, Kitchen With Dining Room Alcove and Hardwood Floors, Walkout Basement, Spacious Yard For Summer Barbecues. Being sold "As Is".
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| Oct 1, 2011 | Listed by Dimacale & Gracie Real Estate | $75,000 | |
| Listed by Dimacale & Gracie Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017