625 Frances 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%.
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 31, 2023 | Sold | ||
| Sold | |||
| Sep 22, 2023 | No longer available | - | |
| No longer available | |||
| Sep 20, 2023 | Listed by RE/MAX 10 | $159,900 | |
| Listed by RE/MAX 10 | |||
| Jul 13, 2023 | Price Decreased |
$169,900
↓ $10K
(5.6%) | |
| Price Decreased | |||
| Jun 22, 2023 | Listed by Remax 10 | $179,900 | |
| Listed by Remax 10 | |||
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This is a charming home situated on two lots. There is a sweet front porch that welcomes you to this great home. The living room and dining room are huge w/hardwood floors. The kitchen features a lot of cabinets for storage and beautiful counter. There are three bedrooms. The home has a full basement and a full attic which may be converted to additional living space. This huge corner lot has great space for plenty of outdoor activities w/enclose fence. There is a two-car garage at the back of the lot. Conveniently located close to shopping, transportation, and highways. Make your appointment today. The manager has listed the unit size as 1000 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017