605 Munger Street
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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 19, 2021 | Sold | ||
| Sold | |||
| Mar 12, 2021 | Listed by INNOVA Realty | $159,000 | |
| Listed by INNOVA Realty | |||
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Dont miss out on this great opportunity! This unique move-in ready property offers a 2 bedroom, 1 bath in the main house, & another 2 bedroom, 1 bath in the back apartment/guest house. Property is full of charm and character! You can live in the Main house and rent the back apartment for extra income! Ideal location close to shopping centers, restaurants, major freeways like 225, & beltway 8. No HOA, low taxes, no Flooding, & no flood zone! Take advantage of this opportunity and check it out today! Please verify all room sizes and square footage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017