4847 Mitchell 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 4, 2019 | Sold | ||
| Sold | |||
| Mar 27, 2019 | Listed by MOVOTO, INC. | $200,000 | |
| Listed by MOVOTO, INC. | |||
| Jan 18, 2019 | No longer available | - | |
| No longer available | |||
| Dec 12, 2018 | Price Decreased |
$250,000
↓ $25K
(9.1%) | |
| Price Decreased | |||
| Apr 27, 2018 | Listed | $275,000 | |
| Listed | |||
| | |||
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Over 1 acre of flat usable land located in a neighborhood with homes and multi-unit buildings nearby. There is possible potential to build a multi-unit property here. Investigate with the city for more information. This lot is in very close proximity to Hole and Tyler Avenue and minutes from the 91 freeway
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017