608 S Florence Avenue
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 28, 2025 | Sold | ||
| Sold | |||
| Feb 20, 2025 | In contract | - | |
| In contract | |||
| Feb 18, 2025 | Listed by Coldwell Banker Real Estate Group | $195,000 | |
| Listed by Coldwell Banker Real Estate Group | |||
| Sep 15, 2022 | Sold | ||
| Sold | |||
| Jul 17, 2022 | Listed by Coldwell Banker Real Estate Group | $179,900 | |
| Listed by Coldwell Banker Real Estate Group | |||
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Updated ranch near Founders Grove with no backyard neighbors. 2 Bedrooms, 1 full bath on main floor. Open floor plan, kitchen remodeled 2017, custom cabinets, S/S appliance, gas stove, kitchen island with bar stools. Custom window treatments on newer windows throughout. Updated lighting and electrical, beautiful hardwood floors, newer vinyl fenced in yard, Trane furnace, New A/C in July 2022, Roof 2016, wood burning fireplace, one car garage. Full basement and private backyard with patio. Must see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017