49 Lexington 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 |
|---|---|---|---|
| Apr 30, 2012 | Sold | ||
| Sold | |||
| Mar 29, 2012 | Listed by Coldwell Banker Realty - Manchester | $410,000 | |
| Listed by Coldwell Banker Realty - Manchester | |||
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MULTIPLE OFFERS. All offers due 4/4/2012 by 4 PM. This GEM is in need of substantial work but will be well worth the investment given its prime location near the ocean, and impressive detailing throughout. Numerous fireplaces, gorgeous mouldings, lovely setting. Large, spacious living areas. A chance to customize the home of yours dreams. Garage needs rebuilding. This is one you do not want to miss. !!! Bank of America pre-approval of proof of funds required.
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| Aug 11, 2011 | Sold | ||
| Sold | |||
| May 16, 2003 | Sold | ||
| Sold | |||
| Jan 23, 2003 | Listed by Carlson GMAC Real Estate | $639,900 | |
| Listed by Carlson GMAC Real Estate | |||
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MAGNOLIA VILLAGE VICTORIAN! LOADED WITH CHARM FROM PAST, DETAILED WOODWORK THOUGHOUT,6FIREPLACES,HARD PINE FLR.STEPS TO OCEAN,NEEDS WORK BUT TREMENDOUS POTENTIAL! UNFINISHED 3RD 3RD LEVEL,PARTIAL NEWLY INSTALLED HEAT AND ELECTRICAL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017