509 Ford Avenue
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 16, 2024 | Sold | ||
| Sold | |||
| Mar 30, 2024 | In contract | - | |
| In contract | |||
| Feb 27, 2024 | Listed by Keller Williams Realty Professionals | $235,000 | |
| Listed by Keller Williams Realty Professionals | |||
| | |||
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Great opportunity to own a charming 1-story, 3-sided brick home featuring 3 bedrooms and 2 full baths. Ample parking space welcomes you as you approach, along with a covered front porch for enjoying the serene surroundings. The property includes a spacious, fenced yard that's easy to maintain. Inside, the layout centers around an inviting open space encompassing the kitchen, breakfast nook, living area with a cozy corner wood burning fireplace, and dining space. The primary bedroom offers double vanities, a shower with a separate jetted tub, and a walk-in closet.
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| Feb 23, 2024 | No longer available | - | |
| No longer available | |||
| Jan 31, 2024 | Price Decreased |
$235,000
↓ $14K
(5.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017