508 6th Avenue NE
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%.
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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 |
|---|---|---|---|
| Sep 13, 2024 | Sold | ||
| Sold | |||
| Jun 7, 2024 | Listed by WNC Real Estate at Lake James | $440,000 | |
| Listed by WNC Real Estate at Lake James | |||
| Apr 29, 2021 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $375,000 | |
| Listed | |||
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Stunning, unique, brick home with terracotta roof, over 4300 HSF. Custom built, one owner home offers grande foyer w/fountain, arch doorways leading to the formal LR. The LR features brick wall fireplace, beamed ceiling, & hardwood floors. The formal DR has built-in cabinets and leads to spacious kitchen. It features dbl ovens, stationary island, pantry, tile backsplash. Fantastic sized laundry room adjacent the kitchen and garage. Garage features cedar lined closets, and built-in storage galore. Garage has access to the greenhouse. This home features 5 spacious bedrooms, 3.5 baths, 5 fireplaces, office, Rec Room, Great Rm, bar for entertainment. Outside is stunning with huge in-ground pool, tennis courts, several patio areas offer endless enjoyment to view the pool and tennis courts. Call Kay Loftin at 828-612-4320.The manager has listed the unit size as 4387 square feet.
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| May 1, 1991 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017