619 Wayne Avenue
About This Property
Energy-efficient features include fully foam-incapsulated insulation, radiant barrier decking, LED lighting, WiFi thermostats, and WiFi sprinkler system. Cookout on the patio with your outdoor kitchenette featuring a gas grill, sink, and space for a mini-fridge. Granite countertops, stainless steel appliances, gas cooktop. The owner's suite is on the first floor, with 3 bedrooms on the 2nd level and a bonus room with additional storage space!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 13, 2024 | Sold | ||
| Sold | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Aug 18, 2024 | Price Decreased |
$414,999
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Aug 7, 2024 | Price Increased |
$425,000
↑ $10K
(2.4%) | |
| Price Increased | |||
| Jun 25, 2023 | Listed by Keller Williams Dallas Midtown | $414,999 | |
| Listed by Keller Williams Dallas Midtown | |||
Property Highlights
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About Van Alstyne
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017