507 EASTERN AVENUE
About This Property
This home has been kept in good condition, ensuring a move-in-ready experience for its new owners. With three bedrooms and two baths on the second level, along with an additional bedroom and bath on the first level, there's ample space for the entire family.
The kitchen boasts stainless steel appliances, granite countertop, gas stove, adding a touch of elegance, while the stacked washer/dryer ensures modern convenience for your daily needs. The principal bedroom has its own private bath.
Experience the joy of abundant natural light and open space on the first level, thanks to the newer windows that not only enhance the aesthetic appeal but also create a bright and welcoming interior.
Step outside into an outdoor delight – a fully fenced yard that guarantees privacy and security, creating a haven for children to play and pets to roam freely.
Ready to make this your new home? See it today and embrace it as your new home.
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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 |
|---|---|---|---|
| Feb 28, 2024 | Sold | ||
| Sold | |||
| Jan 4, 2024 | Listed by RE/MAX Realty Services | $375,000 | |
| Listed by RE/MAX Realty Services | |||
| Sep 18, 2023 | No longer available | - | |
| No longer available | |||
| Aug 15, 2023 | Listed by RE/MAX Realty Services | $399,799 | |
| Listed by RE/MAX Realty Services | |||
| Nov 21, 2021 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017