601 S East 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 |
|---|---|---|---|
| Jul 13, 2022 | Sold | ||
| Sold | |||
| May 6, 2022 | Listed by RE/MAX Choice | $137,900 | |
| Listed by RE/MAX Choice | |||
| Apr 22, 2022 | No longer available | - | |
| No longer available | |||
| Apr 5, 2022 | Price Decreased |
$139,900
↓ $5K
(3.5%) | |
| Price Decreased | |||
| Mar 25, 2022 | Listed by RE/MAX Choice | $144,900 | |
| Listed by RE/MAX Choice | |||
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Welcome home to this updated 3BR/1.5BA/1CAR home on a corner lot in Homer. Everything was new in 2011 (roof, siding, front porch, deck, drywall, flooring, HVAC, kitchen, bathrooms, light fixtures and more). Nice open floorplan with wood flooring, oversized kitchen with bar area and stainless appliances, separate laundry room and spacious back deck overlooking fenced yard. Freshly painted and ready for you! Hot water heater-2021. The manager has listed the unit size as 1242 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017