501 Avenue B
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 |
|---|---|---|---|
| Nov 24, 2025 | Sold | ||
| Sold | |||
| Oct 29, 2025 | In contract | - | |
| In contract | |||
| Oct 7, 2025 | Price Decreased |
$240,000
↓ $10K
(4%) | |
| Price Decreased | |||
| Sep 1, 2025 | Listed by Mega Realty | $250,000 | |
| Listed by Mega Realty | |||
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Welcome to 501 Avenue B! Conveniently located less than 5 miles from Philips 66/Chevron Phillips in the heart of Sweeny. This lovely home sits on just over half an acre on a beautifully manicured corner lot. With a gazebo in the backyard and a spacious back porch, it's an ideal spot for entertaining! The detached garage offers a fantastic workspace while the attached garage still provides ample space for your vehicle. As you step inside, you're greeted by an open family room featuring a cozy wood-burning fireplace. To the left, you'll find a generous flex space that can serve as either a den or a formal dining room. This residence boasts a roomy split floor plan, large closets, and an elegant clawfoot tub in the secondary bathroom. The kitchen is equipped with plenty of cabinet and countertop space and is seamlessly open to the indoor utility room. Call today to schedule your private tour!
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| Jan 1, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017