498 Converse 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 |
|---|---|---|---|
| Aug 19, 2024 | Sold | ||
| Sold | |||
| Jul 8, 2024 | In contract | - | |
| In contract | |||
| Jul 5, 2024 | Listed by William Raveis R.E. & Home Services | $389,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Beautiful colonial with classic features, many updates, and loads of charm. Living room has hardwood flooring, crown molding, fireplace, built-in bookcases and french doors to a cozy den, sunroom or home office with vaulted ceilings lined with 3 walls of windows overlooking a completely fenced-in level yard with beautiful gardens and gazebo. Return from outside on a large composite deck (2022) through glass doors leading to a convenient laundry/mudroom connecting the 2 car garage and kitchen with neutral wood cabinetry and center island. The 2nd floor features 3 bedrooms with hardwoods, closets, including a primary ensuite with walk in closet and access to walk up attic and storage space. The partially finished Basement provides endless opportunity for playroom, gym or office space. Replacement windows, vinyl siding, roof (2012), sprinklers, (2022) AC unit, (2021) fencing and much more make this a great value. *Final showings at 11:00 am 7/7. Highest and best by noon 7/7.
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| Apr 30, 2020 | Sold | ||
| Sold | |||
| Feb 20, 2020 | Listed by William Raveis R.E. & Home Services | $299,900 | |
| Listed by William Raveis R.E. & Home Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017