4900 SALIMA ST
About This Property
The kitchen, updated in recent years, beckons with modern amenities and a convenient sliding door leading to a maintenance-free deck - the ideal spot for entertaining guests and enjoying sunny afternoons. Nestled on a corner lot, envision transforming the outdoor space into your personal oasis. Plus, a generously sized shed awaits your storage needs or creative projects.
Upstairs, discover a sprawling primary suite featuring not one, but two walk-in closets, offering ample storage space for your wardrobe essentials. The primary bathroom boasts some updates, ensuring comfort and style. Additionally, two more sizable bedrooms await, along with a hall full bathroom sporting its own upgrades.
The basement is a haven for entertainment, complete with a cozy fireplace - perfect for snuggling up during chilly winter nights. With ample space, the potential to add a bedroom and full bathroom down the line is yours to explore. And with newer washer and dryer included, convenience is at your fingertips.
Updates abound, including refreshed windows throughout, ensuring both aesthetic appeal and energy efficiency. Don't let this opportunity slip through your fingers - seize the chance to make this house your dream home today!
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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 |
|---|---|---|---|
| Jul 25, 2024 | Sold | ||
| Sold | |||
| Jul 21, 2024 | Relisted | $420,000 | |
| Relisted | |||
| Jun 4, 2024 | In contract | - | |
| In contract | |||
| Jun 1, 2024 | Relisted | $415,000 | |
| Relisted | |||
| May 27, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017