58 Circuit Avenue
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 |
|---|---|---|---|
| Nov 21, 2014 | Sold | ||
| Sold | |||
| Sep 18, 2014 | Listed by Realty Indeed | $165,000 | |
| Listed by Realty Indeed | |||
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This home is a nice location but needs new shingles or siding outside, Dock and stairs leading to dock in need of repair. Interior needs new ceilings, walls and floors and probably sub floor. One sill is rotted per owner. Seller will remove some personal items but clearing all remaining furniture and debris from home is Buyers responsibility. Currently heated with electric baseboard in some rooms, others heated by space heater.
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Address: 335 Madison Avenue, New York, NY 10017