615 Clarence 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 |
|---|---|---|---|
| Aug 24, 2020 | Sold | ||
| Sold | |||
| Jun 24, 2020 | No longer available | - | |
| No longer available | |||
| Apr 11, 2020 | Listed by Coldwell Banker Res Brokerage | $399,000 | |
| Listed by Coldwell Banker Res Brokerage | |||
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ACCEPTED OFFER 6/12---Welcome Home to this lovely 2 bedroom/1 bath Bungalow in the sought after Throggs Neck section. This cozy ranch style home is on a water view street, your diamond in the ruff! Well maintained and waiting for just the right buyer to move in and enjoy! Living room, bedroom, 2nd bedroom used as an office, updated bath, eat in kitchen, door to back yard, stairs to full unfinished basement with laundry, and utilities. Perfect outdoor space to set up your patio furniture and fire pit! 1 car garage, driveway and street parking. (Please be aware that there are 2 cats in the house, do not let them out.) The manager has listed the unit size as 690 square feet.
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| Mar 17, 2020 | Listed by Howard Hanna Rand Realty | $399,000 | |
| Listed by Howard Hanna Rand Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017