585 High 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 |
|---|---|---|---|
| Nov 14, 2011 | Sold | ||
| Sold | |||
| Sep 14, 2011 | Listed by Compass | $439,000 | |
| Listed by Compass | |||
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Priced below assessment - Great value - Walk to town location. Hardwood floors, built ins, charming detailed cape style home. Generous sized rooms, Finished space in basement, Eat in Kitchen has been updated, fireplaced livingroom, diningroom that leads to deck, newer baths, newer roof, two car garage, Little to do to make this a great investment.
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Address: 335 Madison Avenue, New York, NY 10017