504 Ohio AVENUE
About This Property
EXPLORE THE HOME WITH THE VIDEO WALK THRU LINK. From the moment you step up on to the open front porch, you'll imagine small town living with the conveniences of modern day. Relax on your front porch as you sip your morning coffee, overlooking your quiet street as you say hello to friendly neighbors out for a walk. Back inside, the 10-foot ceilings create a large open space where the low-e double-paned windows bathe the space with natural light, highlighting the gorgeous wood flooring throughout the house. Updates continue through the 2 bedrooms and bathroom with details that include a transom window, barndoor closet, shiplap accents, and more! One of the most understated features about the house is the HUGE FENCED backyard. A portion of the lot is fenced with a shed for your outdoor tools. But why not think bigger with the space----like a future pool, 2 car garage, or RV or boat parking? But in the meantime you have the awesome Lakefront Park with its splash pad, boat launch, running/biking path, picnic pavilions, and restaurant just a few blocks away, as well as the other charming restaurants and shops located throughout this area where Saint Cloud all began. Notable features: Roof (2020), windows (2017), water heater (2020), electrical updated, new drywall and insulation throughout house. Don't miss your opportunity!
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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 9, 2023 | Sold | ||
| Sold | |||
| Jun 10, 2023 | Listed by KELLER WILLIAMS ADVANTAGE 2 REALTY | $329,990 | |
| Listed by KELLER WILLIAMS ADVANTAGE 2 REALTY | |||
| Jun 1, 2022 | Sold | ||
| Sold | |||
| Apr 21, 2022 | Listed by KELLER WILLIAMS ADVANTAGE 2 REALTY | $250,000 | |
| Listed by KELLER WILLIAMS ADVANTAGE 2 REALTY | |||
| Jul 5, 2016 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017