56 Third 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%.
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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 |
|---|---|---|---|
| Aug 31, 2023 | Sold | ||
| Sold | |||
| Jun 26, 2023 | Listed by Keller Williams Realty-Metropolitan | $235,000 | |
| Listed by Keller Williams Realty-Metropolitan | |||
| May 24, 2023 | No longer available | - | |
| No longer available | |||
| Mar 9, 2023 | Listed by Keller Williams Realty Metropolitan | $209,900 | |
| Listed by Keller Williams Realty Metropolitan | |||
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Welcome home to 56 Third Street in beautiful Barrington Estates. You are going to love this massive 4 bedroom, 2 full bath 1,900 sq. ft. manufactured home. From the moment you walk in the front door, you'll enjoy the spacious open concept living room that opens up to your extra large eat-in kitchen and family room. This layout offers the ability for multiple breakout areas where you can enjoy watching TV in the living room, playing a board game in the family room and trying out your new recipe with your friends all at the same time! The eat-in kitchen boasts an island with seating as well as a gas range, refrigerator and dishwasher. The sparking white cabinetry in the kitchen with tons of storage options are sure to impress. The large Primary Bedroom will easily accomodate a king bed with night stands, dresser and a reading nook. In the En-Suite you will find a luxurious soaking tub with shower and a couple's walk-in closet. The three spacious guest bedrooms offer plenty of closet space and natural light and share a full bathroom with tub and shower. Upgraded vinyl flooring throughout the home makes cleaning a breeze. The park offers well positioned and spacious lots and the perfect tranquil setting that is still within 10 minutes of shopping, gas and fast food options. Take advantage of purchasing this affordable home in this quaint community that is less than 40 minutes to the beach. Home is scheduled to be move-in ready by August 15th, 2023. No dogs allowed.** The manager has listed the unit size as 1904 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017