662 Genesee Street
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%.
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 |
|---|---|---|---|
| Sep 16, 2024 | Sold | ||
| Sold | |||
| Jul 12, 2024 | In contract | - | |
| In contract | |||
| Jul 8, 2024 | Listed by Howard Hanna | $250,000 | |
| Listed by Howard Hanna | |||
| | |||
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Fantastic opportunity with this large well cared for 4-5 bedroom, 2.5 baths, 2 story Colonial home that sits back off the road with an attached 2 car garage. Modern kitchen, granite countertops, breakfast bar, pantry, & formal dining room. Spacious living room, wood burning fireplace, mudroom, open front porch, back screened in porch off living room. Additionally, a large 1st floor possible 5th bedroom with separate entrance, living area & full bath, perfect for extra company or in-law opportunity with handicap accessibility. Attached to the garage is an additional workshop area. Apple & walnut trees, garden area, along with a chicken coop and small open shed that will stay. Assessment & Taxes based on current assessment that is not yet reflected in tax records.
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| Jul 6, 2018 | Sold | ||
| Sold | |||
| Dec 4, 2017 | Listed by Howard Hanna | $169,900 | |
| Listed by Howard Hanna | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017