614 Cage 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 |
|---|---|---|---|
| Nov 22, 2022 | Sold | ||
| Sold | |||
| Aug 12, 2022 | Listed by Martha Turner Sotheby's International Realty | $429,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Blocks from the hottest new multi-use development on the East Side, the East River Project. This home has multiple balconies, a 2-car garage with finished walls, and extra storage space. Abundant street parking. Current short-term rental inside a 3-home gated enclave. All three homes are also for sale as an income-producing investment.
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| Nov 5, 2018 | No longer available | - | |
| No longer available | |||
| Jun 25, 2018 | Listed | $59,900 | |
| Listed | |||
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One of 5 lots, can be sold separately or together. Builder Sell-off Sale, motivated Seller, bring all reasonable offers.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017