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516 Howe 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 |
|---|---|---|---|
| May 13, 2011 | Sold | ||
| Sold | |||
| Mar 22, 2011 | Listed | $239,900 | |
| Listed | |||
| Aug 2, 2010 | Sold | ||
| Sold | |||
| Jun 29, 2007 | Sold | ||
| Sold | |||
| May 1, 2007 | Listed by The Guselli Agency, Inc. | $339,900 | |
| Listed by The Guselli Agency, Inc. | |||
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Immaculate 3 bed SE w/cath ceilings, skylights, all freshly painted interior, cent. vac, slider leading to double decks to above ground pool. All set on 2.7 acres of flat private lot. Lower level plumbed for sink and toilet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017