1
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61 Southgate Rd
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 15, 2015 | Sold | ||
| Sold | |||
| Aug 6, 2015 | Listed by Real Living Realty Group | $365,900 | |
| Listed by Real Living Realty Group | |||
| Nov 29, 2011 | Sold | ||
| Sold | |||
| Sep 20, 2011 | Listed by RE/MAX Real Estate Center | $339,900 | |
| Listed by RE/MAX Real Estate Center | |||
| | |||
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This spacious home in desirable Kennedy School district sits on a private lot w/ great curb appeal & good-sized yard. The main floor features 3 large bedrms incl master w/ private balcony, dining rm, bright eat-in kitchen, & bath. The property inclds a finished lower lvl w/ cozy fireplaced family rm, garage access, recently renovated bath, office, & laundry. The 24x18 greatroom features a 2nd fireplace, lrge windows, cathedral ceilings, & french doors that open to patio area. Not your avg split!
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| Sep 8, 2011 | Listed by Real Living Realty Group | $339,900 | |
| Listed by Real Living Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017