58 Mitchell 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 |
|---|---|---|---|
| Jul 24, 2023 | Sold | ||
| Sold | |||
| Mar 21, 2023 | In contract | - | |
| In contract | |||
| Jun 23, 2022 | Listed by Howard Hanna | $137,000 | |
| Listed by Howard Hanna | |||
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NEW IMPROVED PRICE for you to OWN your home. This 4-Bedroom home located in the City of Norwich offers a spacious floorplan with an outside deck overlooking the large fenced in yard. The kitchen showcases custom maple cabinetry, Corian countertops (20+ feet of them) with adjoining large formal dining room. All bedrooms are on the 2nd floor with two staircases making it convenient for private entrance/egress. The original Carriage Barn on site could be made into additional living quarters with little effort. Location of this home is ideal for those looking for the conveniences of living near all the City's amenities, many within walking distance.
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| Nov 19, 2018 | Sold | ||
| Sold | |||
| Aug 11, 2018 | Listed by Howard Hanna | $99,900 | |
| Listed by Howard Hanna | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017