613 Wallace Drive
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%.
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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.
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 25, 2021 | Sold | ||
| Sold | |||
| Jul 22, 2021 | Listed by Century 21 A-One Realty | $185,000 | |
| Listed by Century 21 A-One Realty | |||
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Well maintained adorable home located close to schools, shopping and dining. Beautifully landscaped with gazebo, shade trees. Front storm door, built in microwave, full HVAC replaced in 2005 and roof in 2013. Both kitchen and bathrooms have been updated. Kitchen features built in microwave, electric range with double oven, tile countertops and updated cabinets. Kitchen plumbed for gas range. Third bedroom has been converted to 2nd living area with built in wood cabinet and shelves and could be converted back to third bedroom. Master bedroom has half bath that is nicely updated.BUYERS FINANCING FELL APART. BRING YOUR BUYERS
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| Dec 31, 2018 | No longer available | - | |
| No longer available | |||
| Sep 15, 2018 | Listed | $145,000 | |
| Listed | |||
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Well maintained and updated adorable home located close to schools, shopping and dining. Beautifully landscaped with gazebo, shade trees and multiple patios that can be enjoyed year round. New carpet, front storm door, built in microwave recently added, full HVAC replaced in 2005 and new roof in 2013. Both kitchen and bathrooms have been updated. Kitchen features builtin microwave, electric range with double oven, tile countertops and updated cabinets. Kitchen is plumbed for gas range. Third bedroom has been converted to 2nd living area with builtin wood cabinet and shelves and could be converted back to third bedroom. Master bedroom has half bath that is nicely updated. Back window screens are in garage. The manager has listed the unit size as 1016 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017