33
Map
623 Tulane Avenue
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%.
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 |
|---|---|---|---|
| Sep 13, 2024 | Sold | ||
| Sold | |||
| Aug 14, 2024 | In contract | - | |
| In contract | |||
| Aug 6, 2024 | Relisted | $385,000 | |
| Relisted | |||
| Aug 1, 2024 | In contract | - | |
| In contract | |||
| Jul 13, 2024 | Listed by Legacy Real Estate Partners | $385,000 | |
| Listed by Legacy Real Estate Partners | |||
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Location, location location and Move In Ready! This home has both! Within walking distance to FIT. Currently the home is being used as an Air BnB. This very spacious 4 Bedroom 3 Bath 2 Car Garage home is waiting for you! Fully Fenced large Back Yard and No HOA! There are 2 Main Suites in this home plus a Living Room, Family Room and a Huge Florida Room that has Screen/vinyl windows. The back yard is so inviting, and there is plenty of room to run and play. Roof - Nov. 2022, AC - 2018 and newer Water Heater! New very pretty Vinyl flooring throughout The large kitchen boasts a very nice layout with a lot of cabinetry plus a new Refrigerator. The laundry room has a nice sink and cabinetry to hold all of your extra items. Enjoy this beautiful home that is just right for a family or hosting Air BnB. Ready to move in either way! Sprinkler system is on a well pump that is housed in the garage. Come enjoy this quiet neighborhood and relax in your fenced in yard with papaya trees. Close to shopping, beaches and restaurants
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017