480 W Broadway
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 |
|---|---|---|---|
| Mar 2, 2025 | No longer available | - | |
| No longer available | |||
| Jan 30, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Nov 9, 2024 | Price Decreased |
$334,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Oct 10, 2024 | Price Decreased |
$339,000
↓ $11K
(3.1%) | |
| Price Decreased | |||
| Sep 25, 2024 | Listed by Keller Williams Realty North Central | $349,900 | |
| Listed by Keller Williams Realty North Central | |||
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Welcome to charming home offering a blend of modern updates and classic appeal. This residence features 3 bdrs and 2 full baths, encompassing 1,496 sq ft of living space. Upon entry, a large walk-in mudroom provides ample space for shoes and coats, ensuring an organized welcome. The sunlit eat-in kitchen boasts stainless steel appliances and a cozy breakfast nook, perfect for casual dining. The open-concept living and dining room features recessed lighting and hardwood floors, creating an inviting space for relaxation and entertainment. Upstairs, discover a versatile layout with at least three bedrooms and a full bathroom, accommodating various lifestyle needs. A spacious walk-up attic offers additional storage. The walk-out basement includes a new furnace (installed on 9/12/24) and newer washer and dryer units, providing great storage and functionality. The property offers a large yard with a patio area, ideal for outdoor entertainment and leisure activities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017