651 Logan Avenue
About This Property
Investors, here is a great opportunity to create a two family using the existing structure as a springboard.
Business owners with large trucks and other material? This is a great place to house everything you need.
Can be purchased as a package deal with 649 Logan Ave (single family house).
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Cap Rate Calculator
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 4, 2021 | Sold | ||
| Sold | |||
| Aug 16, 2021 | In contract | - | |
| In contract | |||
| Jun 22, 2021 | Listed by Pantiga Group Inc. | $150,000 | |
| Listed by Pantiga Group Inc. | |||
| Nov 3, 2019 | No longer available | - | |
| No longer available | |||
| Apr 28, 2019 | Listed by Elite Real Estate Group 1 LLC | $250,000 | |
| Listed by Elite Real Estate Group 1 LLC | |||
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Garage can hold up to 4 vans and driveway can hold another 2-4 cars. There is a very large studio in the back of the garage. Please approve buyers only. This listing can be sold together with Listing #4910356 649 Logan Avenue.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017