55 6th 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 |
|---|---|---|---|
| Sep 23, 2016 | Sold | ||
| Sold | |||
| Jul 26, 2016 | Listed by Executive Real Estate, Inc. | $525,000 | |
| Listed by Executive Real Estate, Inc. | |||
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Rare find! Almost an acre of level waterfront property, over 160 feet of water frontage, west facing for optimum sun exposure, all on highly desirable Little Alum. Pristine water is what this fully recreational pond is known for. Ideal location near Sturbridge line places it only minutes from I 90/ I 84 for easy commuting. This lovingly updated home offers 3 bedrooms, a cozy den with cathedral ceilings and wood burning fireplace overlooking the stunning lake views, a partially finished lower level with den and wetbar, 2 bedrooms and a full bath. Features include central vac, newer heating system, new water softener system, 2 car garage and lots more. Spacious, level lot offers possibility for expansion. A must see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017