607 E 3rd 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 |
|---|---|---|---|
| Mar 12, 2025 | Sold | ||
| Sold | |||
| Feb 9, 2025 | In contract | - | |
| In contract | |||
| Feb 6, 2025 | Listed by Keller Williams Realty Tyler | $299,900 | |
| Listed by Keller Williams Realty Tyler | |||
| Jun 14, 2022 | Sold | ||
| Sold | |||
| May 19, 2022 | Listed by Miller Homes Group PLLC | $270,000 | |
| Listed by Miller Homes Group PLLC | |||
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Super cute house in the Azalea District! If you're looking for a project or remodel, this could be it! House has so much character and possibilities.....Exterior entry for upstairs bed and bath (apartment?) as well as exterior entry for master bedroom. Tons of windows which are all new to let in the light. Adorable curb appeal on a beautiful street. Huge back yard with screened in back porch. Wood burning fireplace. Original wood flooring. Upstairs also has separate HVAC which needs to be replaced and seller will give concession for that. Close to hospitals and Tyler Junior College.
Come see it today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017