550 Seward 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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Jan 24, 2025 | In contract | - | |
| In contract | |||
| Jan 3, 2025 | Listed by Home 4 U Realty, Inc. | $474,900 | |
| Listed by Home 4 U Realty, Inc. | |||
| Jan 30, 2024 | Sold | ||
| Sold | |||
| Jan 6, 2024 | Listed by Leader Realty, Inc. | $199,900 | |
| Listed by Leader Realty, Inc. | |||
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Multiple offers received, seller is calling for higher and best by 6:00pm on Monday January/15 - *** CASH ONLY*** Location!!! Value!!! Opportunity!!! Attention rehabbers and investors. Endless potential for customization and renovation. With the interior completely stripped down to the 2x4's. New roof but the rest needs to be finished. Set of blueprints included in the sale. Property sits on a double lot, award winning schools, commuters dream. SERIOUS INQUIRES ONLY!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017