514 Barnes Street
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 |
|---|---|---|---|
| Sep 2, 2021 | Sold | ||
| Sold | |||
| Apr 2, 2021 | Listed by Coldwell Banker Pat Dickey, | $59,900 | |
| Listed by Coldwell Banker Pat Dickey, | |||
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Located in the Heart of Grapeland, nicely situated on two lots, under towering mature trees, sits this 3 bedroom 1 bath home. Priced to be sold as is, this is your opportunity for a fixer-upper. The home features a nice sized-living room with 2 windows overlooking the nice front yard. The kitchen/dinning area has a breakfast bar and sliding glass door that looks into the back yard. Down the hall you will find the main bath, which also has a window, tub/shower combo, and lots of storage. Each bedroom has windows for lots of natural light and closets for lots of storage. There is a door just off the kitchen that leads to the carport. The utility room is featured here, and offers additional storage as well. The property is located at the end of a dead end street so no traffic here. Come release all your design and restoration ideas here. I little diamond in the ruff.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017