612 Nelson Avenue
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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%.
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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.
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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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 4, 2024 | Listed | $594,000 | |
| Listed | |||
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Nestled on a scenic hilltop sits this 1930's spacious 3-bedroom colonial filled with old-world charm. Enter the front vestibule that includes a powder room and coat closet. Enjoy many cozy evenings in front of your woodburning stone fireplace or settle in with a good book in your family room surrounded by nature. Formal dining room leads to eat-in-kitchen which features an office nook and door to side patio. Second level features primary bedroom with built in dresser, desk and walk-in closet, two other bedrooms, and two full bathrooms complete this floor. Full unfinished basement features a one car garage/work/craft room, laundry, mechanicals. Taxes are without Star Rebate of $2,050 if qualified. While the home requires updating it is truly a rare find and a great opportunity to add your personal touches and make this home your forever home. All this within a short driving distance to Depew Park, Metro North (1.3 miles), Peekskill's vibrant Riverfront Green Park, Water Front Trail, Boat Launch, Peekskill Yacht Club, Restaurants, Brewery, downtown Peekskill Art Galleries, Theater, Stores, Restaurants and Coffee Shops.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017