1
Map
6 Richardson Ave
About This Property
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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 |
|---|---|---|---|
| Oct 19, 2004 | Sold | ||
| Sold | |||
| Jun 27, 2004 | Listed by Coco, Early & Associates | $159,900 | |
| Listed by Coco, Early & Associates | |||
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Total Rehab needed. Excellent opportunity to pursue buildable lot! Property being sold "AS IS" Seller making no warranties or representations. Buyer responsible for all permits. Don't wait call today for further information.
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Address: 335 Madison Avenue, New York, NY 10017