517 RICHARDS Street
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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 |
|---|---|---|---|
| Nov 10, 2021 | Sold | ||
| Sold | |||
| Oct 7, 2021 | No longer available | - | |
| No longer available | |||
| Jul 29, 2021 | Listed by Hemming & Sylvester Properties | $330,000 | |
| Listed by Hemming & Sylvester Properties | |||
| Jul 19, 2021 | In contract | - | |
| In contract | |||
| Jun 22, 2021 | Listed by Hemming & Sylvester Properties | $330,000 | |
| Listed by Hemming & Sylvester Properties | |||
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TAKE A CLOSER LOOK... Sought after in-town location, close to top rated high school and SO charming! The home exterior has been freshly painted and is so ready for a new owner. You will love the huge deck for barbecues and entertaining family and friends. The private backyard is fenced and the 2-car garage has plenty of room for storage. Covered front porch opens to a large dining and living room combination. Plenty of room to spread out. Best of all, is the kitchen with extensive granite counters, custom cabinetry and high-end appliances. The new garden window is just adorable! There is a private room on the main level that could be a bedroom, office or playroom. Upstairs you will find new carpet, 2 bedrooms and a full bath. There is a separate shower and antique clawfoot tub dated from the Prohibition. The full basement is partially finished. This home is being sold as-is and a 1 year home warranty is being offered. Turn back the clock to simplicity and make this home yours! 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