656 E 12th Street
About This Property
Inside you will appreciate the large front windows giving you lots of natural light. The interior of the home has been updated by opening up the living room, dining room & kitchen area, added wood laminate flooring, interior paint, and dual pane windows throughout. The kitchen is complete with stainless steel appliances, tile counters/back-splash, plenty of cabinetry plus a pantry area. The bathroom has a new toilet, counter top and shower with tub that is beautifully tiled to the ceiling.
The attached 2 car garage has been semi-converted with laundry area, electricity, and can be used as a bonus space, man cave, or office – the possibilities are endless! The french doors will lead you out to the covered patio area with a raised wooden deck, perfect for entertaining on cool summer evenings. You'll notice the lawn area, brick patio addition and grapes growing too!
Don't miss the detached 2 car garage that has been semi-converted with electricity, some tile flooring, french doors, and dual pane windows. This has been used as additional storage, but could be re-purposed to suit your needs! Buyer to investigate sq footage and all information to their satisfaction.
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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 |
|---|---|---|---|
| Jul 31, 2019 | Sold | ||
| Sold | |||
| Jun 27, 2019 | Listed by Becky Prater Real Estate | $295,000 | |
| Listed by Becky Prater Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017