500 Stearns 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 |
|---|---|---|---|
| Jul 29, 2016 | Sold | ||
| Sold | |||
| Jun 15, 2016 | Listed by Conway - Mansfield | $349,900 | |
| Listed by Conway - Mansfield | |||
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Tranquil setting for this updated 3 bedroom, 2 full bath split level home on beautiful private lot. Home features include gleaming hardwood floors and updated kitchen. Lower level features large family room with fireplace, 4th bedroom, office / play room and FULL bath. Newer roof (2009) and replacement windows. Enjoy the large sun porch, perfect for entertaining.
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| Oct 27, 2008 | Sold | ||
| Sold | |||
| Sep 15, 2008 | Listed by Keller Williams Realty | $329,900 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017