61 Boyce 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 |
|---|---|---|---|
| Oct 9, 2024 | Sold | ||
| Sold | |||
| Aug 21, 2024 | In contract | - | |
| In contract | |||
| Aug 8, 2024 | Listed by Real Estate Exchange | $299,000 | |
| Listed by Real Estate Exchange | |||
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Quick Closing is possible! With the seller having found an apartment, the "subject to seller relocating" contingency has been removed. This charming ranch, priced at $299K, is packed with potential. It's perfect for entertaining, boasting 2 driveways, an attached 1-car garage, and a spacious backyard. Inside, discover a large additional family room, a cozy kitchen, a bright living room with a picture window, 2 comfortable bedrooms, and a full bath. The walkout basement offers laundry hookups and a utility sink, adding convenience. Bring your paint and imagination to breathe new life into this beloved home. Long-time owners have cared for this gem—make it yours today!
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| Sep 12, 1983 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017