57 Payson 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 |
|---|---|---|---|
| Jan 4, 2019 | Sold | ||
| Sold | |||
| Aug 27, 2018 | Listed by EXIT Realty Beatrice Associates | $459,000 | |
| Listed by EXIT Realty Beatrice Associates | |||
| Feb 16, 2018 | Sold | ||
| Sold | |||
| Feb 24, 2011 | Sold | ||
| Sold | |||
| Oct 16, 2010 | Listed by Compass | $264,900 | |
| Listed by Compass | |||
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Short sale was approved at asking price. Buyer couldn't get mortgage = your opportunity. No FHA financing. Well maintained home on corner lot. Brick wall sets off fireplace & picture window in oversized living room. Remodeled kit has updated cabinets, stainless steel wall oven & gas cooktop. DR leads to deck. Bedrooms & 1 bath are on level 2. Lower level has the family room & 2nd bath. Newer heating system & hot water. Hardwood floors & nat'l woodwork. Central Air. Quick response from bank!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017