636 14th Street
About This Property
The living spaces are filled with natural light, highlighting the original Terrazzo floors that have been restored to their former glory. The kitchen provides a blank canvas for modern updates, and the bathroom is ready for your creative touch. Metal roof and new A/C '21.
Outside, you'll find a generous yard with endless possibilities for landscaping, a garden, or even an outdoor entertaining area. With some work, this house could become a fantastic starter home, rental property, or flip. Conveniently located near beaches, shopping, and restaurants.
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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 4, 2025 | Sold | ||
| Sold | |||
| Mar 9, 2025 | In contract | - | |
| In contract | |||
| Jan 23, 2025 | Price Decreased |
$215,000
↓ $10K
(4.4%) | |
| Price Decreased | |||
| Jan 8, 2025 | Price Decreased |
$224,900
↓ $10K
(4.3%) | |
| Price Decreased | |||
| Dec 4, 2024 | Listed by Melbourne Realty, Inc. | $235,000 | |
| Listed by Melbourne Realty, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017