511 PITMAN AVE
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 |
|---|---|---|---|
| Dec 15, 2023 | In contract | - | |
| In contract | |||
| Dec 15, 2023 | Sold | ||
| Sold | |||
| Nov 3, 2023 | Listed by RE/MAX Preferred - Mullica Hill | $475,000 | |
| Listed by RE/MAX Preferred - Mullica Hill | |||
| May 29, 2019 | Sold | ||
| Sold | |||
| Apr 3, 2019 | Listed by Graham/Hearst Real Estate Company | $318,000 | |
| Listed by Graham/Hearst Real Estate Company | |||
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Captivating brick home on Pitman Avenue provides character, beauty and spacious living. The exterior features a beautiful front porch, and unique carport leading to the two-car garage. This one of a kind, impeccable home has 3 bedrooms, 2 & 1/ baths all updated, foyer, living room, dining room and family room with wood burning brick fireplace. The gourmet kitchen offers wine refrigerator, stainless steel professional appliances; both functional and luxurious. Enjoy the outdoors, protected from the elements, in the enclosed 3 season patio. Finished basement provides beautiful, enormous space, powder room, laundry room, storeroom and custom walk-in storage place with built-in shelves. New windows in almost every room. Hardwood floors, natural slate, upgraded amenities, all situated in a quiet, friendly neighborhood. You don't want to miss this ranch-style home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017