577 N 48th 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 |
|---|---|---|---|
| Jul 1, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | In contract | - | |
| In contract | |||
| May 23, 2024 | Listed by Madison & Company Properties | $535,000 | |
| Listed by Madison & Company Properties | |||
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Welcome home to Brighton East Farms! This property is ideally situated on a great lot facing open space & greets you with a large welcoming covered front porch. The light & bright open concept home is great for entertaining & features an inviting kitchen with tons of cabinet and counter top space. The spacious dining area can accommodate ample seating and flows into the cozy family room that is finished off with a gas fireplace. Retreat to your large primary suite complete with walk-in closet & 5-piece ensuite bath. The upper level is rounded out with 2 secondary bedrooms, a full bath & bonus loft space - perfect for a home office, gym or playroom. The finished basement is ready with new carpet! You'll find the large 4th bedroom (could be 2nd living room or office), 3/4 bath, also a bonus extra non conforming finished space for gym/office/playroom AND additional large unfinished storage area! Minutes from 27j schools, parks, shopping, dining & public transportation. Showings start Thursday the 23rd, so schedule yours today!
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| Jun 10, 2022 | Listed by Madison & Company Properties | $540,000 | |
| Listed by Madison & Company Properties | |||
| | |||
|
Welcome home to Brighton East Farms! This property is ideally situated on a great lot facing open space & greets you with a large welcoming covered front porch. The light & bright open concept home is great for entertaining & features an inviting kitchen with tons of cabinet and counter top space. The spacious dining area can accommodate ample seating and flows into the cozy family room that is finished off with a gas fireplace. Retreat to your large primary suite complete with walk-in closet & 5-piece ensuite bath. The upper level is rounded out with 2 secondary bedrooms, a full bath & bonus loft space - perfect for a home office, gym or playroom. The finished basement is ready with large 4th bedroom (currently being used as an office/living room), 3/4 bath, extra non conforming finished space for gym/office/playroom AND additional large unfinished storage area! Minutes from 27j schools, parks, shopping, dining & public transportation.
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| Aug 18, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017