53 Clapp 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 |
|---|---|---|---|
| Jul 28, 2022 | Sold | ||
| Sold | |||
| May 31, 2022 | Listed by Gerry Abbott REALTORS® | $719,900 | |
| Listed by Gerry Abbott REALTORS® | |||
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NEW CONSTRUCTION on 1+ acre lot. Spacious 28 x 38 Colonial with open floor plan. 99% COMPLETE. First floor is large open concept with Living area with a gas fireplace opening to large country kitchen. White cabinets with granite countertops, SS appliances and breakfast bar. Additional room for DR or office, 1/2 bath and first floor laundry room. Second floor features large master bedroom with 2 closets, one being walk-in, master bathroom with tiled shower and double vanity. 2 of the other bedrooms have walk-in closets. HARDWOOD floors on first floor and second story hallway, oak treads on both stairwells, ceramic tiled bathrooms & laundry room. Basement is full walk out with a slider for future square footage. NAVIAN hot water tank. 3 zone FHA/propane gas HEAT & AC. 16 recessed lights, Garage door openers. Paver walk way, $35 sqyd for carpet allowance for bedrooms. This home is located on country road with easy access to Norton center and highway access.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017