658 EASTERN Parkway #NA
About This Property
There is 3500 sqft of residential living space, and basement. This house is enormous! Standing three stories high, the building dimensions are 20' x 60' and sits on a 120ft long lot. The homes current configuration is 3 separate units. This house can easily be customized to your taste. If desired it can be converted to single family home or be used as an investment property. Built during the early 1900's the house is loaded with original details such as: amazing woodwork, wainscoting, detailed parquet floors, high ceilings, and much more!
Conveniently located near Brooklyn Children's Museum, Brower Park and all major transportation, your daily commute to midtown Manhattan is approximately 30 minutes. Subway lines convenient to the property are the 2, 3, 4, 5 and A trains. You will also find Prospect Park, The Brooklyn Museum and The Library at Grand Army Plaza in walking distance.
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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 |
|---|---|---|---|
| Jun 12, 2023 | Sold | ||
| Sold | |||
| Mar 13, 2023 | In contract | - | |
| In contract | |||
| Feb 24, 2023 | Listed by Corcoran Group | $2,050,000 | |
| Listed by Corcoran Group | |||
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658 Eastern Parkway is a stunning 3 Family Townhouse located between Brooklyn Avenue & New York Avenue in Crown Heights.There is 3500 sqft of residential living space, and basement. This house is enormous! Standing three stories high, the building dimensions are 20' x 60' and sits on a 120ft long lot. The homes current configuration is 3 separate units. This house can easily be customized to your taste. If desired it can be converted to single family home or be used as an investment property. Built during the early 1900's the house is loaded with original details such as: amazing woodwork, wainscoting, detailed parquet floors, high ceilings, and much more! Conveniently located near Brooklyn Children's Museum, Brower Park and all major transportation, your daily commute to midtown Manhattan is approximately 30 minutes. Subway lines convenient to the property are the 2, 3, 4, 5 and A trains. You will also find Prospect Park, The Brooklyn Museum and The Library at Grand Army Plaza in walking distance.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/24/2023
|
Studio
|
3 Bath
|
3492 ft²
|
$2,000,000
Studio
3 Bath
3492 ft²
|
$2,050,000
+2.50%
06/12/2023
|
Antoinette McNeill
The Corcoran Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017