6 Clover Lane
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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Apr 17, 2024 | Listed by Milestones Realty | $450,000 | |
| Listed by Milestones Realty | |||
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First time offered since 1974! The absolutely glorious backyard is the star of this show! The rear of the property abuts the Medway Community Farm. Very low-turnover neighborhood, only 9 sales since 2020. There's a drainage easement along the West side that empties into somewhat of a babbling brook, eventually joining the Chicken Brook. The views from the rear deck are stellar! SOLD AS-IS. You'll be renovating each room and touching every surface to bring this one to market standard. Modest improvements include new roof in 2019, FHA furnace 2007, older replacement windows. Oak floors under W/W carpet. Nice floor plan yields a good use of space. The 2 lower level rooms are flexible. Fireplace in family room is boarded up. Garage currently unusable; set up as workshop. Significant plumbing deterioration visible in basement and garage. Broken window sash in utility room. Broken rear door lock and glass. New offer deadline: PER SELLER: offers reviewed 12N SUNDAY April 28, make valid 24hrs.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017