62 Young Street
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%.
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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 |
|---|---|---|---|
| Mar 14, 2024 | Sold | ||
| Sold | |||
| Nov 22, 2023 | Listed by Jim Campbell Real Estate | $239,000 | |
| Listed by Jim Campbell Real Estate | |||
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Extensively remodeled home inside and out, and conveniently located on the desirable East Side of Newport City. This home consists of 4 bedrooms, 1.5 baths, a spacious mudroom, enclosed front porch, brand new eat-in kitchen with stainless appliances, formal dining, and cozy living room. Upstairs you will find three bedrooms and a full bath. Current owner has completed many updates to include new flooring and paint throughout, kitchen cupboards and countertops, lighting fixtures and much more. Mostly vinyl siding and metal roofing means low maintenance living! Serviced by oil hot air heat, two propane wall units and hot water heater. City water and sewer. Comcast cable and high-speed internet available. All situated on a level 0.31 acre lot with a large detached garage/workshop (24'x30'). Walking distance to schools, stores, downtown and more. This home is turn-key ready and will qualify for most any type of financing.
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| Aug 18, 2023 | Sold | ||
| Sold | |||
| Jul 10, 2023 | Listed by Jim Campbell Real Estate | $139,000 | |
| Listed by Jim Campbell Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017