6016 Simms St
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 3, 2025 | Listed by Good Neighbor LLC | $755,000 | |
| Listed by Good Neighbor LLC | |||
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| Oct 4, 2024 | Relisted | $820,000 | |
| Relisted | |||
| Sep 24, 2024 | In contract | - | |
| In contract | |||
| Jul 23, 2024 | Listed | $775,000 | |
| Listed | |||
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BACK ON THE MARKET AT NO FAULT OF SELLER.
Fully renovated home with 5 bedrooms and 4 full bathrooms, this property has plenty of space for friends and family. New remodeled kitchen with white cabinets, new stainless-steel appliances and new granite countertops. The main floor includes a formal dining space and formal living room sharing a double-sided fireplace and three bedrooms, including the primary and two full baths. As you go down the basement you will find a large family room with a wet bar, and a second electrical fireplace, two additional bedrooms, two full baths, and the washer and dryer hookups. New laminated flooring throughout, new paint, new interior doors, and new water heater. Outside, you'll find a beautifully landscaped backyard and a covered deck, perfect for entertaining guests or enjoying a quiet evening outdoors. The attached 2-car garage provides convenient parking and additional storage space. Located in the desirable community of Allendale, this property offers easy access to schools, parks, and shopping. Seller is willing to offer a two buy down to interested buyers.
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| Jun 17, 2024 | Listed by West and Main Homes | $775,000 | |
| Listed by West and Main Homes | |||
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Welcome to this newly renovated home, with 3052 Sqft of living space, 5 bedrooms and 4 full bathrooms, this property has plenty of space for friends and family. Newly remodeled kitchen with white cabinets, new stainless-steel appliances and new granite. The main floor includes a formal dining space and formal living room sharing a double-sided fireplace and three bedrooms, including the primary and two full baths. As you go down the basement you will find a large family room with a wet bar, and a second electrical fireplace, two additional bedrooms, two full baths, and the washer and dryer hookups. Almost all the interior of this home has been updated. There is laminated flooring throughout, new paint, new interior doors, and new water heater. Outside, you'll find a beautifully landscaped backyard and a covered deck, perfect for entertaining guests or enjoying a quiet evening outdoors. The attached 2-car garage provides convenient parking and additional storage space. Located in the desirable community of Allendale, this property offers easy access to schools, parks, and shopping.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017