620 Myrtle Avenue
About This Property
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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 |
|---|---|---|---|
| Oct 19, 2018 | Sold | ||
| Sold | |||
| Sep 9, 2018 | No longer available | - | |
| No longer available | |||
| Aug 21, 2018 | Price Decreased |
$385,000
↓ $15K
(3.8%) | |
| Price Decreased | |||
| Aug 8, 2018 | Price Decreased |
$399,999
↓ $20K
(4.8%) | |
| Price Decreased | |||
| Jun 14, 2018 | Listed | $419,990 | |
| Listed | |||
| | |||
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Cape Style Home In A Lovely Neighborhood Offering 3 Bedrooms, 2 Full Baths, Dining Room, Eat In Kitchen, Large Den With Cozy Wood Burning Fireplace. Multi Level Decking In This 200' Deep Property. New Front Brick And Blue Stone Entry, Fully Fenced Private Manicured Grounds. Enjoy The Above Ground Pool With New Heater And Wood Decking , Great For Summer Parties. Roof On Home Approximately 7 Years Young, Roof On Garage Brand New!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017