53 Sixth 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 |
|---|---|---|---|
| Aug 6, 2021 | Sold | ||
| Sold | |||
| Jun 30, 2021 | Listed by Dick Lepine Real Estate,Inc. | $517,000 | |
| Listed by Dick Lepine Real Estate,Inc. | |||
| Aug 29, 2002 | Sold | ||
| Sold | |||
| Jun 17, 2002 | Listed by RE/MAX Insight | $247,000 | |
| Listed by RE/MAX Insight | |||
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WOW! 2,160 SF OF LIV SPC.,CUSTOM WALNUT CABINETS W/ BRKFST BAR,GLEAMING H/W THU-OUT,UPSTAIRS BDRMS W/ INDIVIDUALLY CONTROLLED HEAT,DEN W/ BUILT-IN BKCASE/CURIO,LOTS OF CLOSET & STORAGE & HTD SUNRM. TOO MANY WONDERFUL FEATURES TO LIST.
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