611 Mabel 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 |
|---|---|---|---|
| Jul 15, 2021 | Sold | ||
| Sold | |||
| Apr 29, 2021 | Listed by Legacy Premier Group | $244,900 | |
| Listed by Legacy Premier Group | |||
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Adorable home with upgrades galore on large lot! Updated plumbing, electrical, windows, laminate flooring, ceramic tile, carpet, bath cabinets, tub, tile shower, light fixtures, gutters. Large living area is open to dining. Kitchen has lots of cabinets, newer appliances, granite tile countertops. Amazing lot! Nice covered porch with cedar posts and back deck. Tenant occupied on month to month basis. Will need 30 day notice to vacate.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017