553187 US HWY 1
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 |
|---|---|---|---|
| Mar 18, 2024 | Sold | ||
| Sold | |||
| Jan 4, 2024 | Listed by RE/MAX CONNECTS | $425,000 | |
| Listed by RE/MAX CONNECTS | |||
| Dec 8, 2023 | Listed by RE/MAX CONNECTS | $425,000 | |
| Listed by RE/MAX CONNECTS | |||
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This stunning remodeled home is an excellent opportunity for those looking for a spacious and versatile property with commercial potential. Situated on approximately 3 acres (2.79 per current survey) will need new survey zoning commercial, this home offers endless possibilities for businesses of all sizes. The footprint may say built in 1951 but this home is basically a new build. Must see to appreciate the beauty and care taken to remodel. The open floor plan is perfect for entertaining the updated kitchen and bathrooms feature high-end finishes. Split floor plan with primary BR and Bath off a private room that could be an office, sitting room, formal dining or home school room. Kitchen to have black stainless-steel appliances or choose your own. There will be a drive pad poured.
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| Oct 8, 2023 | Listed by RE/MAX CONNECTS | $425,000 | |
| Listed by RE/MAX CONNECTS | |||
| Feb 6, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017