541 68th Street
About This Property
This 3-bedroom 2 bath, brick home has been lovingly maintained. You will find preserved historical details everywhere you look. Beautiful original wood floors run throughout the home, coffered ceilings add elegance to the formal dining room and original wood moldings frame the doorways and windows.
Enter the home through a mudroom, which leads you into the heart of the home. A spacious living room opens up to an elegant formal dining room overlooking your quaint backyard. Upstairs, you will find three bedrooms and a full bath. The basement is currently used as a recreation room with a storage room, cedar closet, laundry room and a full bathroom.
The home has been updated with Anderson windows, the bricks have been re-pointed, the roof has been re-finished and the boiler has been updated.
This classic home is filled with endless possibilities. Fresh markets, transportation and all that Bay Ridge has to offer are just minutes away.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 2, 2021 | Sold | ||
| Sold | |||
| Nov 11, 2020 | Listed by New York Living Solutions | $949,000 | |
| Listed by New York Living Solutions | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017