54 Plain 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 |
|---|---|---|---|
| Jan 2, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2023 | Listed by Keller Williams Elite | $179,900 | |
| Listed by Keller Williams Elite | |||
| Nov 16, 2023 | Sold | ||
| Sold | |||
| Apr 5, 2019 | Sold | ||
| Sold | |||
| May 16, 2017 | Listed by Keller Williams Elite | $349,900 | |
| Listed by Keller Williams Elite | |||
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This antique cape style home offers over 12 acres of land with possible sub-dividing 5 to 7 residential house lots. Conceptual preliminary plan offers form A front lot. Home needs some work but offers good opportunity to the developer builder to rehab or a tear down for form A lot. Municipal sewer on Plain Street. Home features country style eat in kitchen w/large deck, good size living room, enclosed porch, first floor bed room with the other two bed rooms on second level. The charm of this home, location and a little work would make this home very salable in this market. See MLS 72280042 for engineered plan. Owner looking for reasonable offers.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017