51 Adah 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 |
|---|---|---|---|
| Nov 20, 2024 | Sold | ||
| Sold | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Oct 8, 2024 | Price Decreased |
$299,900
↓ $20K
(6.3%) | |
| Price Decreased | |||
| Sep 13, 2024 | Listed by LAER Realty Partners | $319,900 | |
| Listed by LAER Realty Partners | |||
| | |||
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This quaint bungalow offers a wonderful value to its new owner. Many updates have been done over the last 10 years to this 2 bedroom home, including kitchen, bath, electrical, plumbing, heating, roof, and so much more. This home offers many traditional craftsman features, an enclosed front porch, home office or den, deck, but one of the nicest features is the basement with high ceilings and plenty of workspace for hobbyist. Currenrly 2 bedroom but potential for 3rd bedroom. This home sits on a nice corner lot with fire pit and room to garden. You are not far from Silver Lake Park, major routes, and shopping.
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| Oct 10, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017