489 Winthrop St
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 |
|---|---|---|---|
| Feb 12, 2025 | Sold | ||
| Sold | |||
| Jan 29, 2025 | In contract | - | |
| In contract | |||
| Jan 22, 2025 | Listed by RE/MAX Integrity | $439,000 | |
| Listed by RE/MAX Integrity | |||
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Charming Bungalow with Endless Character and Versatile Barn Space!Nestled proudly above the road, this meticulously cared-for bungalow exudes warmth and charm. Boasting stunning hardwood floors with an intricate basketweave design, 8-foot ceilings, built-in shelves, and a cozy wood-burning fireplace, this home seamlessly blends character and comfort.The thoughtfully designed layout maximizes functionality, with the left side featuring the main living spaces—including a spacious kitchen, dining room, and living room—while the right side houses all bedrooms and a centrally located bathroom in between for convenience.Outside, the property shines with a fantastic barn, originally used for small animals but with potential for horses. The barn also includes a one-car garage and an expansive loft above, perfect for storage or creative projects.Whether you’re looking for a move-in-ready home with timeless appeal or a property with flexible outdoor spaces, this one is not to be missed!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017