6-8 Nelson
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 18, 2022 | Sold | ||
| Sold | |||
| Aug 25, 2022 | Listed by Jack Conway - Conway On The Bay | $330,000 | |
| Listed by Jack Conway - Conway On The Bay | |||
| Jul 23, 2020 | Sold | ||
| Sold | |||
| Jun 12, 2020 | Listed by Jack Conway - Conway On The Bay | $280,000 | |
| Listed by Jack Conway - Conway On The Bay | |||
| | |||
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Gut rehab on Rose Point. Down to the studs and expansion of interior square footage. Two bedroom home with modern kitchen and bath. New wiring, plumbing, insulation, walls, floors, fixtures etc. etc. etc. Rose Point offers a social Home Owner's Association and there is deeded access to the water. Close to the marina as well which has reasonable slip fees. Kitchen has new cupboards, granite counter-tops and stainless steel appliances. New bathroom also has hook-ups for stack-able washer and dryer. Both bedrooms have an ample closet. The main living area has an open floor plan from the front to the back of the house. New windows throughout, new roof, new siding, new entry stairs. New everything! Move right in and make this your new home and benefit from the summer by the water and with easy access to the highways and life's conveniences.
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| Jan 31, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017