696 West 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 |
|---|---|---|---|
| Oct 9, 2020 | Sold | ||
| Sold | |||
| Jul 15, 2020 | Listed by RE/MAX Real Estate Center | $299,900 | |
| Listed by RE/MAX Real Estate Center | |||
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Buyer financing fell thru due to income purposes ... Check out this diamond in the rough, which is priced below the assessed value. With some TLC and creativity, this home can shine. First floor has a kitchen w/dining area, living room, and dining room. There is slider doors that once led to a back deck. Upstairs has 3 bedrooms, but split into more by owner for kids, a master bthrm and full bthrm. Almost 3 acres that has potential space for horses with a 2-stall metal shed/barn in the back. The yard has privacy, side and rear yard area to use. Contractors and Investors take notice or homeowners that don't mind a project for yourself. So come and see what you can do to make this your own. Title V in hand. New well pump recently installed. (well test done by previous buyer and deemed potable) Home is to be SOLD AS IS,
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017