55 Fourth Street
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 3, 2025 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Oct 31, 2024 | Listed by RE/MAX Partners | $399,900 | |
| Listed by RE/MAX Partners | |||
| | |||
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This home offers a modern, stylish interior, making it perfect for anyone looking for convenience without the hassle of renovations. Located in a highly desirable neighborhood, you’ll enjoy a vibrant community with plenty of amenities nearby. Plus, there are no association fees, helping you keep monthly costs low. With everything thoughtfully upgraded, you can settle in and start enjoying your new space right away. The finished basement is a wonderful bonus that offers even more space for your individual wants and needs. Whether you're looking for your first home or a smart investment, this property has it all. Don’t miss out on this exceptional opportunity!
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| Oct 3, 2013 | Sold | ||
| Sold | |||
| Aug 27, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017