49 Phillips Street
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 1, 2022 | Sold | ||
| Sold | |||
| Feb 4, 2022 | Listed by Century 21 Alliance Rlty Group | $354,900 | |
| Listed by Century 21 Alliance Rlty Group | |||
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COMPLETELY RENOVATED!! Nothing to do, but move right in to this 3 bedroom, 2 full bathroom home on a double corner lot! The kitchen boasts brand new Samsung Smart Appliances, with Gas Griddle 5 Burner Stove, White Shaker Cabinets, Breakfast Bar and Granite Countertops. The open floor plan has a bright and airy feel with lots of natural light coming through all brand new energy efficient double paned windows. Stay warm by the Stone Wood Burning Fireplace with beautiful floating hearth. Newly renovated bathrooms feature luxury vinyl waterproof flooring. Master suite is complete with full bathroom and spacious walk-in closet. Gleaming hardwood floors, recessed lighting, and Kwikset antimicrobial doorknobs throughout are just some of the many features. Plenty of storage space and room to expand with an unfinished basement. A brand new driveway leads up to a carport for covered parking. Brand new stainless steel gutters and much more to see! Don't miss out on this TURN KEY opportunity!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Middletown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017