506 Hamrick Street
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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 |
|---|---|---|---|
| Jan 14, 2021 | Sold | ||
| Sold | |||
| Oct 20, 2020 | Listed by RE/MAX Tyler | $190,000 | |
| Listed by RE/MAX Tyler | |||
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3 bed 2 bath home back on market due to buyer's financing falling through. Enjoy mature shade trees, fully fenced back yard& double gates for trailer or toy storage on this almost half acre lot. Updated eat-in kitchen includes tile backsplash, stainless steel appliances & breakfast bar overlooking the open living space complete with a wall of brick surrounding your wood burning fireplace. Split bedroom arrangement boasts separate entrance for the master suite that includes his and hers closets & refreshed bathroom. The guest wing of the home includes a bonus living space that is currently used as an office, a hall bath & 2 guest rooms complete with nice sized closets. Recent updates include HVAC & roof.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017