55 Durso Ave
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 |
|---|---|---|---|
| Nov 7, 2024 | Sold | ||
| Sold | |||
| Sep 17, 2024 | In contract | - | |
| In contract | |||
| Sep 10, 2024 | Listed by Compass | $385,000 | |
| Listed by Compass | |||
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Renovation Opportunity in Colonial Heights – Cash Buyers Only! This 3-bedroom Colonial Heights home offers a fantastic opportunity for a contractor/cash buyer/flipper. The home has a great layout & a large basement ready for your personal touch. The main floor features a spacious eat-in kitchen, a large living room, and a convenient mudroom connecting the kitchen to the attached garage. The oversized bathroom and three bedrooms complete the main level. The expansive basement presents a great "value add" opportunity, ideal for creating additional living space, an office, or a bonus room. While the home requires both interior and exterior renovations, it holds plenty of potential. The heating system is functioning however it is old. The roof's age is unknown however the seller reports no current issues. The inground pool is cracked. Cash buyers only. Buyers and their agents to conduct all due diligence. Don’t miss out on this excellent opportunity to renovate this property
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| Jun 4, 2018 | Sold | ||
| Sold | |||
| Jun 1, 1988 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017