496 S Nelson 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 |
|---|---|---|---|
| May 21, 2024 | Sold | ||
| Sold | |||
| Apr 29, 2024 | Listed by Circle One Realty | $195,000 | |
| Listed by Circle One Realty | |||
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Welcome Home to this charming 3 bedroom and 2.5 bathroom bungalow. This home has a cute covered front porch, a great spot to enjoy your morning coffee! Entering the freshly painted home is the living room and connected dining room, featuring lovely refinished hardwood flooring, and many windows, giving tons of natural light to the space! The galley kitchen has been updated with new cabinets, stainless steel appliances, tiled backsplash and LVP flooring. The main floor has two bedrooms and full first floor remodeled bathroom, with all tile walk-in shower! Up a few stairs, is the generous sized primary bedroom, featuring a large closet, and an ensuite bathroom, which has been recently remodeled as well! There is an attic that could be finished for more living space. The downstairs has a large unfinished basement featuring half bathroom, laundry facilities, and tons of room for additional storage! The home sits on a corner lot, has an attached 2 car garage, and roof is around 4 years old!
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| Oct 16, 2023 | Sold | ||
| Sold | |||
| Jun 9, 2023 | Listed by Coldwell Banker Realty | $115,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017