622 N Pearl 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 |
|---|---|---|---|
| Aug 15, 2019 | Sold | ||
| Sold | |||
| May 21, 2019 | Listed by Good Opportunity Homes & Inv. | $399,900 | |
| Listed by Good Opportunity Homes & Inv. | |||
| Sep 18, 2018 | No longer available | - | |
| No longer available | |||
| May 30, 2018 | Listed | $374,999 | |
| Listed | |||
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Price Reduction 06/28/18. Don't loose the opportunity and come and see this lovely 3 home 1 bath home. Located on a corner lot, this property features ample space for the family to grow, laminate floors, recently remodeled kitchen with Quartz counter-tops and plenty of back yard to entertain the kiddos. Just a block away from Mayo Elementary it is perfect for a growing family or anyone interested in creating their own child care business. First time buyers are welcomed. FHA ok. The manager has listed the unit size as 1051 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017