62 Nehring Avenue
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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 1, 2024 | Sold | ||
| Sold | |||
| May 10, 2024 | In contract | - | |
| In contract | |||
| May 1, 2024 | In contract | - | |
| In contract | |||
| Apr 25, 2024 | Listed by Exit Realty Achieve | $625,000 | |
| Listed by Exit Realty Achieve | |||
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You finally found it, a timeless retreat in the heart of Babylon Village. This charming ranch-style home seamlessly blends classic charm with modern comfort, offering a cozy haven for both relaxation and entertaining. Upon entry, you're greeted by a meticulously maintained interior adorned with hardwood floors and touches of elegance throughout. The heart of the home, the kitchen, though not expansive, is a model of efficiency and beauty. With its tasteful design and efficient layout, it invites culinary creativity and gatherings. Three inviting bedrooms offer peaceful retreats, while the additional bathroom features a luxurious soaking tub, perfect for unwinding after a long day. The finished basement offers plenty of options, depending on you. Step outside to discover a serene backyard, where lush greenery and tranquil ambiance create an ideal setting for outdoor relaxation and enjoyment. Whether hosting outdoor gatherings or simply savoring quiet moments amidst nature, this outdoor space is sure to become a cherished retreat. Proudly maintained by its current owner for nearly three decades, this home exudes a sense of pride and care, with every detail thoughtfully considered. Central air conditioning ensures year-round comfort, while recent updates, including a renovated bathroom and newer appliances, seamlessly blend modern convenience with classic charm. A short distance to Babylon Village, providing close parks, restaurants and shops. This will prove to be the one! Taxes are reasonable at $11,433.33(including village taxes). Solar is leased and easily transferable.
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| Oct 27, 1998 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017