516 Cable Avenue
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 29, 2024 | Sold | ||
| Sold | |||
| Aug 27, 2024 | In contract | - | |
| In contract | |||
| Aug 7, 2024 | Listed by Your Town Realty | $479,000 | |
| Listed by Your Town Realty | |||
| | |||
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Welcome Home! This 5 bed 3 full bath ranch completely renovated. Featuring waterproof vinyl floors throughout the entire home, plenty of natural light
and a brand new gorgeous kitchen with beautiful marble tiles ,White shaker cabinets, quartz countertops, new stainless steel appliances, a large center island with room for barstools, completely open to the dining room. The cozy living room has a bay window which allows ample sunlight. Check out the bonus beautiful sunroom off the dining room. The main level bathroom is updated with mosaic tile flooring and a tub/shower combo. Master suite on the main level with its own private bathroom and walk in closet. Head downstairs to the full finished basement with a full laundry room, and a full bath. House has brand new roof, boiler and HVAC!!
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| Feb 23, 2024 | Sold | ||
| Sold | |||
| Feb 4, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017