6164 Corwin 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 |
|---|---|---|---|
| Jul 16, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | In contract | - | |
| In contract | |||
| May 2, 2024 | Listed by Howard Hanna WNY Inc. | $319,900 | |
| Listed by Howard Hanna WNY Inc. | |||
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***Square footage includes 17' x18' addition on back of home. A very well-maintained brick ranch features extra wide lot in Newfane, built with architectural custom bricks. New Blacktop driveway in 2023. 2.5 extra deep attached garage with 2 garage doors 9 ft wide. Whole house generator in 2021. Partially finished basement with a large rec room & 4th bedroom with cedar closet, workshop with extra refrigerator & bar area. Large family room addition built in 1990 with cedar wood and 3 walls of windows and a cathedral ceiling overlooking brick patio & yard. All appliances included. Both bathrooms updated 2019. Hardwood floors in 3 bedrooms. Newer windows throughout. Large Living room features gas fireplace with remote and built in bookcases. Large Formal Dining room for Entertaining. Front foyer features slate floor and coat closet. Primary Bedroom features large walk-in closet, large whirlpool tub and grab bars in Primary bath, Main Bath has newer walk-in shower 2019. The New Multi-Million-dollar sports complex was opened in 2023 and is walking distance from home. OPEN HOUSE SAT & SUN 1PM TO 3 PM!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017