677 31St St
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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%.
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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 5, 2023 | No longer available | - | |
| No longer available | |||
| May 13, 2023 | In contract | - | |
| In contract | |||
| May 3, 2023 | Listed by Better Homes and Gardens Mason-McDuffie Real Estate | $599,000 | |
| Listed by Better Homes and Gardens Mason-McDuffie Real Estate | |||
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This 1949 two bedroom one bath bungalow is awash in natural light which streams in from the extra large picture window in the living room and the french doors in the back. Original details and craftsman charms include hardwood floors, whimsical moldings, a fireplace, and built-ins. The lot is cozy and lush wrapping around the house, with raised beds, flowers, and fruit trees. A detached two car garage has been repurposed as an outdoor living room. This home is close to Wildcat Canyon park, tot-parks, Catahoula Coffee Co, and The Factory Bar. Open Saturday 5/6 and Sunday 5/7 2pm-4pm. The manager has listed the unit size as 1204 square feet.
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| Jun 20, 2017 | Sold | ||
| Sold | |||
| May 17, 2017 | Listed by RED OAK REALTY | $459,000 | |
| Listed by RED OAK REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017