6131 NAVAL AVE
About This Property
It is move in ready or ready to update the choice is yours. Located close to public transportation (buses and trains) with easy access to highways and shopping areas, NASA, Doctors Community Hospital and more.
There are no HOA restrictions or rules to limit your enjoyment of an expansive property with an off road paved parking for 4 or more vehicles.
Heating system and roof and some appliances have been recently replaced.
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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 |
|---|---|---|---|
| Jan 24, 2024 | Sold | ||
| Sold | |||
| Dec 23, 2023 | Price Decreased |
$380,000
↓ $20K
(5%) | |
| Price Decreased | |||
| Dec 3, 2023 | In contract | - | |
| In contract | |||
| Nov 15, 2023 | Listed by HomeSmart | $399,990 | |
| Listed by HomeSmart | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017