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62 St Johns Place
About This Property
The garden level was previously used as a recording studio for a famed Jazz drummer. There is a full bath with steam shower on this floor. The Parlor floor has refurbished hardwood floors, and an eat-in kitchen with a W/D hookup. There is a deck off the kitchen leading ton expansive private backyard. The 2nd floor is an open loft layout with a full bath and ample storage space. The 3rd floor is configured as a 3 bedroom/1 bath apartment with a fully equipped kitchen. The cellar has updated mechanicals and a sump pump to prevent flooding.
Located within walking distance of Prospect Park, the 2,3,4,B,Q trains, and some of the best shopping, dining and nightlife in all of Park slope. Showings are via open house only at this time.
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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 18, 2022 | Sold | ||
| Sold | |||
| Jun 3, 2022 | In contract | - | |
| In contract | |||
| May 9, 2022 | Relisted | $3,550,000 | |
| Relisted | |||
| May 7, 2022 | Withdrawn | - | |
| Withdrawn | |||
| Apr 6, 2022 | Listed by New York Living Solutions | $3,550,000 | |
| Listed by New York Living Solutions | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017