511 Gregg Street
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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 10, 2021 | Sold | ||
| Sold | |||
| Jan 11, 2021 | Listed by Grant Real Estate Services | $364,900 | |
| Listed by Grant Real Estate Services | |||
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Fabulous Modern/Contemporary freestanding home with a private driveway, gated front entryway, lots of natural light, and high ceilings. NO HOA! This home is 2 blocks from the new East River development, all the great things EADO has to offer, and minutes from downtown. This home boasts designer touches and tastefully selected finishes. Imagine entertaining from the chef's kitchen with an abundance of cabinets and counter space. The kitchen opens to the large dining and living areas. Each bedroom has an ensuite bathroom and there is a powder room on the second floor next to the living room. Call your realtor for an appointment today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017