23
Map
642 NE 2nd Place
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%.
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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 |
|---|---|---|---|
| Dec 4, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $449,000 | |
| Listed | |||
| | |||
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Every once in awhile you see advertised a home that is move in ready & it isn't when you see it. This home is really move in ready. Roof, windows, floors, kitchen , bathrooms, all nicely done. 2 car garage with workshop area. Screened in porch off the pool, large patio around pool with BBQ area. Windows replaced & lightly tinted to save on A/C. Yard elevated.Bike ride to beach. Frost Part 2 minutes away with tennis, basketball, baseball & skate park along with exercise room & other activities. CiThe manager has listed the unit size as 1868 square feet.
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| Jun 6, 2017 | Listed by Classic Properties | $425,000 | |
| Listed by Classic Properties | |||
| Aug 9, 1994 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017