516 S HIGH ST
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%.
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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 20, 2023 | Sold | ||
| Sold | |||
| Jul 31, 2023 | Listed by Encina Properties | $145,000 | |
| Listed by Encina Properties | |||
| Sep 18, 2022 | No longer available | - | |
| No longer available | |||
| Jul 26, 2022 | Listed by eXp Realty | $159,000 | |
| Listed by eXp Realty | |||
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Spacious yet affordable, and located on a 60x300 (you read that right, 300 foot deep lot!), this 2 bedroom, one bath home is move in ready. Roof replaced about 8 years ago, central ac system replaced 7 years ago and blows ice cold. All new exterior siding. New carpet in living room and second bedroom. Original wood floors where refurbished in the master bedroom and look amazing. If you are not a carpet person, and don't mind some work, the rest of the wood floors are waiting underneath for some love. Off the kitchen we have a huge family room with a wood burning fireplace with two closets for storage. Could be made into a master bedroom with just a little work and to add value as a 3 bedroom home. There is also a detached and enclosed 2 car carport, with a storage area equipped with electricity. Back patio has lush trees, but could use a little shaping and maintenance. The property comes with two "backyards", and immediate area off the back of the home, and a second area further back on the property that is fully fenced and has a greenhouse that would be perfect for a cool, shady dog kennel. The manager has listed the unit size as 1388 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017