503 12TH 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 |
|---|---|---|---|
| Jun 4, 2024 | Sold | ||
| Sold | |||
| Feb 15, 2024 | Listed by Keller Williams Premier | $1,350,000 | |
| Listed by Keller Williams Premier | |||
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So many options for the savvy investor...Vacation rental, seasonal, or year round. 2 separate buildings - back building is renovated 4BR/2FBA, new deck 1.5 car garage...Front has 3BR/1BA $2660 month to month currently; upstairs 1BR/1BA $1700 month to month currently (long term tenants who would stay if you want them too).
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017