606 LOOMIS
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 |
|---|---|---|---|
| Mar 3, 2023 | Sold | ||
| Sold | |||
| Jan 16, 2023 | Listed by TOM SCHINDLER, REALTOR | $129,000 | |
| Listed by TOM SCHINDLER, REALTOR | |||
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This centrally located, two-story city home is walking distance of the soon-to-be fully renovated Loomis Park, has easy access to I94 and US127, is near the heart of downtown, close to the hospital and shopping. Every room has nice sunny windows, especially the closed-in front porch. The living area is open to the kitchen, with updated oak cabinets, appliances, a dining area with glass sliding doors that lead out to a deck and fenced in backyard, and a main floor laundry that includes a washer and dryer. Upstairs are two bedrooms, with a hallway full bath that has a small deck to check the weather outside. The basement is partially finished, with a workspace, smaller family room and full bathroom. This home has an updated furnace w/AC, freshly painted exterior, newer roof and windows.
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| Apr 13, 2017 | Sold | ||
| Sold | |||
| Feb 3, 2017 | Listed by ERA REARDON REALTY, L.L.C. | $53,900 | |
| Listed by ERA REARDON REALTY, L.L.C. | |||
| Sep 7, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017