54 Sutton Street
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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%.
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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 |
|---|---|---|---|
| Aug 29, 2024 | Sold | ||
| Sold | |||
| Jul 11, 2024 | In contract | - | |
| In contract | |||
| Jun 17, 2024 | Listed by Century 21 Icon | $619,999 | |
| Listed by Century 21 Icon | |||
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Welcome home, this meticulously updated hi-ranch in the heart of Hempstead has all you need and more! Boasting 4 bedrooms and 2 full baths across two floors. Recent updates in 2023 include: A new roof & gutters installed + a split AC system in the 2nd floor living room. Completed in 2024: Brand new siding on all 4 sides of the home, a new bay window letting in plenty of natural light to the living room, all new windows throughout the second floor, a new front door, and a new glass sliding door to the backyard. The boiler was replaced in 2021. Other amazing features is the home's spacious eat in kitchen boasting gorgeous shaker cabinetry and quartz counter tops. A large living room, formal dining area, a 1 car attached garage, and room to run in the backyard of the home. Centrally located to many amazing attractions. A well maintained walking trail a few short blocks away, a short 25 minute drive from the UBS arena, close to schools & universities, and so much more. Floor plans included in photos. This gem of a home is sure not to last.
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| May 16, 2019 | Sold | ||
| Sold | |||
| Jan 16, 2019 | Listed by Century 21 Icon | $435,000 | |
| Listed by Century 21 Icon | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017