63 New York Way
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 |
|---|---|---|---|
| Apr 16, 2023 | No longer available | - | |
| No longer available | |||
| Apr 4, 2023 | Price Decreased |
$125,000
↓ $10K
(7.4%) | |
| Price Decreased | |||
| Mar 23, 2023 | Price Decreased |
$135,000
↓ $10K
(6.9%) | |
| Price Decreased | |||
| Feb 21, 2023 | Listed by Sunset Home Sales | $145,000 | |
| Listed by Sunset Home Sales | |||
| | |||
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This beautiful two-bedroom two bath home is located right of US, not far from Melbourne airport, shops, restaurants, and beaches. The park is a large co-op where you will own the land and pay a fee of $175 p/month which includes water, sewer, garbage, lawn care, internet, and cable as well as use of the clubhouse and all its amenities. The screen room has been closed in to add a master bedroom with an En-suite, and also a dedicated office space. The home will come furnished with the bedroom sets, living room set, dining room table and chairs, the master bedroom has a built in wall fireplace and TV that will stay. The living room has a cozy sofa that pulls out for extra guests, chair end tables and large TV. The homeowner has recently put in two small water heaters at each end of the home, newer flooring, refrigerator, and stove, recently replaced the roof. Washer and dryer are negotioable.
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| Aug 17, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017