640 Hawthorne Avenue
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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 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 12, 2021 | In contract | - | |
| In contract | |||
| Jul 26, 2021 | Listed by New Leaf Realty | $799,000 | |
| Listed by New Leaf Realty | |||
| | |||
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Seller will entertain offers between $799k to $849k. Gorgeous Fletcher Hills single-level home with views of Mt. Helix in highly sought after neighborhood. The home sits high off the street and has a beautifully landscaped, private front yard. The interior is impeccably remodeled with wood laminate flooring throughout the common areas, dual pane windows, 200 amp electrical service and central HVAC. The open floor plan features a wonderful kitchen with newer cabinets, granite counters, a center island and a large pantry. The living room opens to both the dining room and kitchen and has a huge picture window that lets in tons of natural light. The bedrooms are all huge! The master has a slider out to the back patio, large double closets and an ensuite bath with tub and separate shower. The secondary bedrooms are on the opposite end of the home and share a stylish bathroom. Home interior and exterior has been recently painted. The back yard includes a beautiful 38' x 12' Alumawood patio cover that features tall ceilings, skylights and fans. Beyond that is a lawn, multiple fruit trees, garden areas and a 20' x 10' shed/workshop. Both side yards have concrete driveways with vehicle access to the back yard and plenty of room for a trailer, boat, etc. There is vinyl fencing around the side and back yard and an attached 2-car garage. The lot itself is a fully useable 1/4 acre with plenty of room to add a pool and ADU. Located in a very quiet niche-close to schools, shopping and freeways. The manager has listed the unit size as 1584 square feet.
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| Jun 25, 2021 | No longer available | - | |
| No longer available | |||
| Jun 12, 2021 | Relisted | $799,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017