6 Paula Place
About This Property
10 generous rooms, sweeping grand staircase, 3 car garage, and a full walk out basement. Significant work is still needed but a great opportunity to compete it in your own taste.
Taxes are way over assessed and can be challenged as comparable homes are taxed as much as $30,000 less. Additional Information: Amenities:Dressing Area,HeatingFuel:Oil Above Ground,ParkingFeatures:3 Car Attached,
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 11, 2024 | Sold | ||
| Sold | |||
| Oct 24, 2024 | In contract | - | |
| In contract | |||
| Oct 17, 2024 | Relisted | $1,050,000 | |
| Relisted | |||
| Oct 8, 2024 | No longer available | - | |
| No longer available | |||
| Sep 21, 2024 | Price Decreased |
$1,050,000
↓ $50K
(4.6%) | |
| Price Decreased | |||
Property Highlights
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About Westchester
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Data Source: OneKey MLS
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Address: 335 Madison Avenue, New York, NY 10017