579 Washington 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 |
|---|---|---|---|
| Apr 16, 2024 | Sold | ||
| Sold | |||
| Feb 29, 2024 | In contract | - | |
| In contract | |||
| Jan 29, 2024 | Listed by Coldwell Banker Realty - Easton | $650,000 | |
| Listed by Coldwell Banker Realty - Easton | |||
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This FOUR-bedroom colonial ‘old world style’ home offers a fantastic opportunity for someone that doesn’t mind providing this home some TLC. 1663 SQ FT of living space and hardwood floors throughout. First floor features living room, a spacious dining room w/ classic built-in cabinets and kitchen. The kitchen may be lacking in design today; however the AMAZING walk-in pantry almost makes up for it! Rounding out the first floor is a convenience ¼ bath. Heading up to the 2nd floor you will find a full bath and all 4 bedrooms, the primary bedroom offering a walk-in closet. Some updates include a newer Hot Water Heater (2023) & Heating system (2023), as well as replacement windows approximately 12 years old. Home also has a full basement for storage and laundry and a backyard w/ a storage shed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017