616 Paseo Rio
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 |
|---|---|---|---|
| Jun 21, 2018 | Sold | ||
| Sold | |||
| Apr 3, 2018 | Listed by Big Block Realty | $515,000 | |
| Listed by Big Block Realty | |||
| Jul 20, 2015 | Sold | ||
| Sold | |||
| May 17, 2015 | Listed by Realty Executives | $469,000 | |
| Listed by Realty Executives | |||
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Sale is contingent on seller finding a suitable replacement property. Priced between 449,000-$469,000. This is a Stunning Home that shows like a model! Tons of recent upgrades including new windows, floors (including newer carpet, laminate wood-like flooring, and tile), kitchen (including cabinets, counters, and appliances), master bathroom has new cabinets, travertine shower, mirrored doors, and tile floors. Second bathroom upstairs has new tile floors. This home was recently re-plumbed. Neighborhoods: Hacienda Heights Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017