6 Hillcrest 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 |
|---|---|---|---|
| Jan 5, 2018 | Sold | ||
| Sold | |||
| Sep 18, 2017 | Listed by J. Barrett & Company | $395,000 | |
| Listed by J. Barrett & Company | |||
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This is a short sale attempt, property to be sold 'as is' 'as seen' 'where is', seller/broker make no warranties or representations. Any & all buyers making an offer will be required to complete their inspection within 7 days of offer acceptance by the seller. Buyers will be required per the terms of the standard contract to provide listing broker with the inspection report for negotiation purposes. Buyer responsible for any and all inspections necessary to complete sale, this includes Title V IF applicable and smoke certifications. Seller will NOT improve the condition of the property in any way for any reason. Buyer’s responsible for diligence. Sale subject to court approval, subject to buyer paid premium of $20,000. The premium is a non financeable charge and is due in cash or equivalent at closing. *** PROPERTY IS OCCUPIED *** ALL SHOWINGS ACCOMPANIED BY LICENSEE *** Open house Sunday 9/24/2017 from 2 to 3pm ***
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| Aug 8, 2001 | Sold | ||
| Sold | |||
| May 2, 2001 | Listed | $405,000 | |
| Listed | |||
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SELLER NEEDS AUGUST 14, 2001 CLOSING DATE UPDATED CONTEMPORARY WITH NICE FIELDSTONE FP, OCEAN VIEWS, MASTER BATH W/DOUBLE WHIRLPOOL/SHOWER STALL/QUIET DEAD END STREET, NEW ROOF AND WATER HEATER, SOME HDWD FLOOR/VERY SPACIOUS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017