524 Pearl 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 19, 2022 | Sold | ||
| Sold | |||
| Aug 12, 2022 | Listed by RE/MAX 1st Choice | $269,000 | |
| Listed by RE/MAX 1st Choice | |||
| Feb 9, 2022 | Sold | ||
| Sold | |||
| Nov 22, 2021 | Listed by Bullock Real Estate Group, LLC | $69,000 | |
| Listed by Bullock Real Estate Group, LLC | |||
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Historic 3 bed, 2 bath home near downtown Ottawa just waiting to be brought back to its original charm. Could also be a 2 unit as it has an in-suite apartment with its own kitchen, living room, 1 bedroom, & bath with a separate entrance. Would make an excellent mother-in-law suite. Original hardwood throughout home. Lots of built ins and closet space. 2 car insulated, heated garage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017