53 Purchade 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%.
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 |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Sep 12, 2024 | In contract | - | |
| In contract | |||
| Sep 4, 2024 | Listed by Keller Williams Realty Colonial Partners | $580,000 | |
| Listed by Keller Williams Realty Colonial Partners | |||
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This generous 3-bedroom raised ranch offers ample space for everyone! The expanded garage addition features a sprawling upper level, currently serving as a home office and master suite with walk-in closet, but the size of it leaves opportunity for other options as well, such as extended living area, great room, etc. The basement further enhances the home’s functionality with two finished rooms and an additional bathroom, adding valuable space in addition to the 1,808 square feet of living space on the main level. Situated on over an acre of land, this property boasts a nicely wooded setting while being conveniently located near Routes 495, 18, 28, and 44, making commuting a breeze.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017