505 VINE ST
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 |
|---|---|---|---|
| May 13, 2022 | Sold | ||
| Sold | |||
| Mar 21, 2022 | Listed by Long & Foster Real Estate, Inc. | $244,900 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Feb 7, 2022 | Sold | ||
| Sold | |||
| Jan 13, 2022 | No longer available | - | |
| No longer available | |||
| Jan 5, 2022 | Listed by Long & Foster Real Estate, Inc. | $190,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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This updated 3 bedroom home has newer flooring, replaced windows, and an updated kitchen on the main floor. Kitchen has gas range, microwave, refrigerator, and dishwasher with newer cabinetry. Bathroom has been remodeled. Great location and convenient to restaurants, shopping, walking distance to school, just minutes from the Ben Franklin Bridge. Make your appointment today before it is gone!
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About Palmyra
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017