610 W 1st 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 |
|---|---|---|---|
| Jul 25, 2024 | Sold | ||
| Sold | |||
| Feb 2, 2024 | Listed | $449,000 | |
| Listed | |||
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Welcome to riverfront paradise! This stunning 3 bedroom, 3 full bathroom new construction property offers unparalleled views of the Old Brazos River, providing a serene backdrop for restful living. Upstairs showcases an expansive open concept design with the main living area, a spacious family room & the private bedroom retreats. Downstairs showcases a versatile flex space, complete with a full bathroom + an enclosed flex/hangout space. This home also has two full kitchens - one downstairs in the converted garage & an island kitchen upstairs with granite countertops & an abundance of storage/prep space. Your sanctuary awaits within the spacious primary bedroom of this home, featuring not only an en-suite bath but also two walk-in closets. Lastly, a gated entrance to the private road ensures security & peace of mind. This coveted location with prime access to the Intracoastal Waterway offers endless opportunities for boating, fishing, and waterfront adventures right from your doorstep.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017