6957 Fullbright Avenue
About This Property
Enjoy the benefits of an enclosed patio, perfect for relaxing or entertaining guests year-round. The home is equipped with paid-off solar panels, ensuring energy efficiency and cost savings.
While the home is in need of updating, it boasts an attractive location, centrally located near schools, shopping centers, and all essential amenities. This property has immense potential and is an excellent opportunity for buyers ready to bring out its hidden charm with their personal touch.
Don't miss the chance to transform this well-located home into your dream residence!
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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 6, 2024 | Sold | ||
| Sold | |||
| Jun 6, 2024 | Listed by MCRES Properties | $649,900 | |
| Listed by MCRES Properties | |||
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About South Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017