605 Tate Avenue W
About This Property
The current owner put on a new roof in 2021 as well as attic insulation. In 2022 the current owner repainted the exterior of the home as well as other updates. There is so much history in this home and will be shared if interested. Don't wait to come see this home!
THIS HOME IS ALSO FOR LEASE FOR $1,300 PER MONTH
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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 |
|---|---|---|---|
| Feb 11, 2024 | No longer available | - | |
| No longer available | |||
| Feb 7, 2024 | Sold | ||
| Sold | |||
| Feb 2, 2024 | In contract | - | |
| In contract | |||
| Jan 2, 2024 | Price Decreased |
$195,000
↓ $25K
(11.3%) | |
| Price Decreased | |||
| Oct 16, 2023 | Listed by Tri-County Realty, LLC - Double G Realty Group | $219,900 | |
| Listed by Tri-County Realty, LLC - Double G Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017