534 Howard Ave
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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%.
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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 |
|---|---|---|---|
| Mar 17, 2022 | Sold | ||
| Sold | |||
| Feb 11, 2022 | No longer available | - | |
| No longer available | |||
| Jan 28, 2022 | Listed by RE/MAX PREMIER | $419,900 | |
| Listed by RE/MAX PREMIER | |||
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Well maintained custom colonial with open floor plan. Spacious kitchen to dining room. Oak cabinets, Quartz countertops and tiled back-splash. Extremely large living room leads to 12x12 sunroom & Trek deck. One full bath on 1st floor with tub/shower & 1 full on 2nd floor with step-in shower. Master bedroom, approx. 23x11. Front to back w/multiple closets. Deck leads to amazing professional paver patio and artificial turf yard with above ground pool and shed. Anderson windows/slider(2018). Waterproof engineered vinyl planking on first floor. Very easy to care for. Roof replaced approx 2008. Upgraded electric 200 amp. 2 zone Gas FHA. 2 zone Central air(2015). Hot water heater (2019). Two finished rooms in basement. Pergo & carpet flooring. Laundry hook ups. Carbon water filter w/water softener. Solar on back (benefit of SREC w/reduced electric bills) Lease fully paid. 10 years left on lease then buy out is available. Walkout door. Great neighborhood - near train, bus, shopping and schools.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017