51 East 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 |
|---|---|---|---|
| Oct 1, 2020 | Sold | ||
| Sold | |||
| Oct 27, 2006 | Sold | ||
| Sold | |||
| Sep 8, 2005 | Listed by Hammond Residential | $399,000 | |
| Listed by Hammond Residential | |||
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There is great potential in this attractive property with over 17000 square feet of land. The property is close to the library and center of town. Priced way below assessed value, it is ready for the buyer who has vision as to what this home could become.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017