624 Main St
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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Jul 22, 2024 | In contract | - | |
| In contract | |||
| Jul 17, 2024 | Listed by Compass | $415,000 | |
| Listed by Compass | |||
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Discover this delightful 4-bedroom, 1-bath cape-style home, boasting approximately 1100 sq ft of cozy living space. Nestled in a fantastic location with close proximity to shopping, this property offers the perfect blend of convenience and potential. Step inside and envision the possibilities! With its classic cape design and spacious layout, this home is a blank canvas waiting for your creativity. Whether you're a DIY enthusiast or ready to bring in your favorite carpenter, this is your chance to make it truly yours. Imagine the memories you'll create in this charming home, from cozy family gatherings to summer BBQs in the backyard. The potential is endless, and the opportunity is yours for the taking. Bring your vision and your toolkit, and transform this charming cape into the home you've always wanted.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017