509 Monroe Ave
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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 |
|---|---|---|---|
| Jun 9, 2023 | Sold | ||
| Sold | |||
| Apr 21, 2023 | In contract | - | |
| In contract | |||
| Nov 21, 2022 | Listed by Weichert Realtors-Burlington | $345,900 | |
| Listed by Weichert Realtors-Burlington | |||
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This is 509 Monroe! It is back and better than ever! This beautiful gem has 3 bedrooms, 1.5 bath, freshly painted living room, dining room and kitchen. Kitchen appliances have been updated, new floors and updated cabinets. The family room overlooks the all season room perfect for entertaining all year round! The basement is finished with great height and space to customize to your heart’s desire! On the 2nd floor there are the 3 bedrooms, great sizes and closet space. The master has a connecting door to the main floor bath as well. The main bathroom has a spa like bathtub, stand up shower, and two separate vanity sinks! 509 Monroe is located near rte 130 easy access to I-295, I-95, and minutes away from Philadelphia. Don’t miss out of this opportunity to make this beautiful home your own.
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| Sep 28, 2018 | Sold | ||
| Sold | |||
| Jul 22, 2018 | Listed by McHugh Realty | $219,900 | |
| Listed by McHugh Realty | |||
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This home has been lovingly owned by one family since its construction. Beautiful hardwood floors cover the living room, dining room and hallway on the main level and on the entire 2nd floor. The well lit kitchen has been updated to include extra counter space and cabinetry. The family room has been extended using part of the garage space and there is an updated powder room on the first floor also. Porch has three walls of sliding glass doors for beautiful views of the outdoors. This also gives easy access to backyard. 3 spacious bedrooms round out the upper level along with an updated full bath with a walk-in shower. Finished basement for extra family room, playroom and/or office. Laundry room is also in the basement. Whether you are raising a family or your family is grown, this is a perfect place to call home. Conveniently located to shopping, bus stations, riverline, Philly and NY! Everything is done, just move it!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017