6622 Myrtle 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 |
|---|---|---|---|
| Jul 27, 2021 | Sold | ||
| Sold | |||
| May 20, 2021 | Listed by RE/MAX 5 Star Realty | $145,000 | |
| Listed by RE/MAX 5 Star Realty | |||
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What a great opportunity to own two homes for one great price. You could live in one and rent out the other. The main home is 3 bedroom and 1 Bath the other is a Manufactured 2 Bedroom and 1 Bath Home. Also the property sits on one of the biggest lots in the neighborhood. This is a great opportunity to own an income producing property while living in the other or you could rent out both. There is an opportunity to clear $2000 a month in rents.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017