507 Conger 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 |
|---|---|---|---|
| Nov 18, 2021 | Sold | ||
| Sold | |||
| Jun 3, 2021 | Listed by Signature Properties, LLC | $79,000 | |
| Listed by Signature Properties, LLC | |||
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Located on a treed corner lot providing tons of shade & quiet enjoyment, this turn of the century beauty is located near downtown shops, hospital, and the Quitman athletics complex. QISD green space across the street and a wooded county area beyond you can enjoy the quiet country living in the up and coming Quitman area. Friday night lights in the fall, located across from the Bud Moody Athletic Complex, this early 20th Century has classic charm. Recently painted, carpeted, and vinyl flooring installed. Hot water heater less than 5 years old, rebuilt AC unit last year, metal roof installed in the last 5-6 years, with washer and dryer included. This Don’t miss out on this incredibly priced opportunity.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017