600 W Biddle Street
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 |
|---|---|---|---|
| Feb 12, 2024 | Sold | ||
| Sold | |||
| Aug 1, 2023 | Listed by ERA REARDON REALTY, L.L.C. | $20,000 | |
| Listed by ERA REARDON REALTY, L.L.C. | |||
| Mar 26, 2023 | No longer available | - | |
| No longer available | |||
| Mar 11, 2023 | In contract | - | |
| In contract | |||
| Mar 7, 2023 | Listed by ERA Reardon Realty | $20,000 | |
| Listed by ERA Reardon Realty | |||
| | |||
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The home needs significant repair, but would be a great investment. Cash sale only, no inspections after acceptance. Sold via quit claim deed. Home must be repaired to code prior to occupancy. Owner must purchase all permits to repair home through the city of Jackson. Must sign hold harmless prior to viewing the property. Offers must be submitted by Friday March 10th by Noon! The manager has listed the unit size as 1536 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017