58 Nye 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 |
|---|---|---|---|
| Mar 10, 2022 | No longer available | - | |
| No longer available | |||
| Mar 3, 2022 | Sold | ||
| Sold | |||
| Feb 2, 2022 | In contract | - | |
| In contract | |||
| Jan 17, 2022 | Listed by Lenox Realty Group | $419,900 | |
| Listed by Lenox Realty Group | |||
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This is a fantastic opportunity to purchase a contractors home which is in immaculate condition and needs nothing. This property consists of a 2 bedroom single family house in the front of the property which used to be a 3 bedroom and could easily be converted back to a 3 bedroom. It also has a finished basement for additional living space. The front house is in amazing shape and has many extras which you will not see in other properties. The back house which is an in-law was never used by this owner and was just completely remodeled and is in brand new never lived in condition. The property is completely brand new and needs nothing. Both properties are fully fenced and there is a 3 year old pool in the back yard and the roof is only one year old. This property is fully fenced and the driveway was just installed a couple years ago. Don't sleep on this house as it won't last long and is a wonderful place to call home! The manager has listed the unit size as 1750 square feet.
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| Dec 25, 2021 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017