505 Dearborn Street
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 13, 2023 | No longer available | - | |
| No longer available | |||
| May 26, 2023 | Price Decreased |
$189,900
↓ $10K
(5%) | |
| Price Decreased | |||
| May 6, 2023 | Price Decreased |
$199,900
↓ $5K
(2.5%) | |
| Price Decreased | |||
| Apr 18, 2023 | Listed by Bentwood Realty, LLC | $205,000 | |
| Listed by Bentwood Realty, LLC | |||
| | |||
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Welcome to a fully renovated home featuring 3 bedroom, 2 bathroom and boasts a total living space of 1067 square feet which is the perfect space for anyone looking for a modern and comfortable living experience. The open-concept living area features beautiful vinyl plank floors and plenty of natural light pouring in through the windows. The living area flows seamlessly into the kitchen, complete with modern countertops, built in stainless steel microwave, stainless steel fridge and plenty of cabinet space. The bedrooms are cozy and inviting, with vinyl plank flooring and ample closet space, and washer and dryer (hooked up already!). The master bedroom features a en-suite bathroom, complete with a tub/ shower combo and modern fixtures. The two additional bedrooms share a fully remodeled bathroom as well. Step outside onto the covered patio and you'll find the perfect space for outdoor entertaining, and a fully fenced-in backyard. This home has been fully remodeled with all the modern conveniences you need, including new HVAC, new water heater, all new electrical, and plumbing systems. Time to make this cozy home yours! The manager has listed the unit size as 1067 square feet.
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| Dec 3, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017