610 44TH Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 25, 2024 | Sold | ||
| Sold | |||
| Jan 24, 2024 | No longer available | - | |
| No longer available | |||
| Jan 14, 2024 | In contract | - | |
| In contract | |||
| Jan 10, 2024 | Listed by 1st Class Real Estate Excellence | $30,000 | |
| Listed by 1st Class Real Estate Excellence | |||
| | |||
|
Looking for an investment project that promises passive income once completed? This unique property, originally a church, has been partially converted into a duplex, offering a fantastic opportunity for homebuyers, investors and/or weekend warriors alike. Located in a prime location, this property is being sold AS IS, presenting an incredible canvas for those willing to finish the project. This property is tailor-made for someone looking to capitalize on an unfinished project. With the right vision and effort, you can turn this property into a lucrative source of passive income.The property was originally a church but was in the process of being transformed into a duplex. The groundwork has been laid with partition walls started, making it a perfect opportunity for a savvy investor or homebuyer to complete the project. The property currently consists of 3 rooms and 2 office spaces, two half baths in each corner at the back of the house. Zoned as RMF1, opening up possibilities for multi The manager has listed the unit size as 1980 square feet.
| |||
| Oct 13, 2023 | Listed by 1st Class Real Estate Excellence | $30,000 | |
| Listed by 1st Class Real Estate Excellence | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017