508 Florence 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 21, 2008 | Sold | ||
| Sold | |||
| Feb 22, 2007 | Listed by Affordable Real Estate, Inc. | $269,900 | |
| Listed by Affordable Real Estate, Inc. | |||
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MOTIVATED SELLER!! Beautiful Highlands location on corner lot. This unique 1950's multilevel home offers a warm homey feeling with character and charm. A fireplaced living room for the cold winter nights and central a/c and a screened in sunroom to enjoy the long summer days. Surprisingly large inside! You have to see inside to appreciate how big it is!
| |||
| Jul 31, 2006 | Sold | ||
| Sold | |||
| Mar 4, 2006 | Listed by Salt Marsh Realty Group | $319,900 | |
| Listed by Salt Marsh Realty Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017