587 Western Ave
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 |
|---|---|---|---|
| Oct 27, 2020 | Sold | ||
| Sold | |||
| Mar 31, 2020 | Listed by RE/MAX Northern Edge Realty LLC | $49,000 | |
| Listed by RE/MAX Northern Edge Realty LLC | |||
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NEW Roof Summer of 2020! Three bedroom, 1 bath home with detached garage and shed. Enclosed front porch, mudroom, eat in kitchen, den and living room. Vinyl siding, plenty of off street parking and private back yard. Basement with bulkhead and interior stair access. Most plumbing and sewer lines were replaced with copper and PVC, most electrical was replaced in 2005, 7 year old electric water heater, 100 amp circuit breakers, and newer furnace. Tri-County Cap insulated the attic and walls in 2000. Ride your ATV from this home to enjoy the miles of trails the area has to offer.
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| Apr 10, 2017 | Sold | ||
| Sold | |||
| Mar 27, 2009 | Sold | ||
| Sold | |||
| Mar 25, 2008 | Listed | $54,500 | |
| Listed | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017