480 Roosevelt 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 |
|---|---|---|---|
| Sep 24, 2024 | Sold | ||
| Sold | |||
| Aug 13, 2024 | In contract | - | |
| In contract | |||
| Aug 10, 2024 | Relisted | $340,000 | |
| Relisted | |||
| Jul 30, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by RE/MAX Connections | $340,000 | |
| Listed by RE/MAX Connections | |||
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Waterfront Colonial on Island Pond! Enjoy great water views from inside the house and throughout the backyard area which has ample space for outdoor activities and entertaining with an elevated deck and a patio. Enjoy this great location with close proximity to many area amenities. Inside you'll find hardwood flooring throughout most of the home. The front to back living room is a great space with centered fireplace, built-in shelving, and a large picture window to take in the water views. You'll also enjoy water views from the cozy galley style kitchen with counter seating at the ample sized breakfast nook. In the basement you'll find a large family room area that could be closed off. Don't miss out on this great opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017