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697 MYRTLE Avenue
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 |
|---|---|---|---|
| Dec 23, 2024 | Sold | ||
| Sold | |||
| Nov 7, 2024 | In contract | - | |
| In contract | |||
| Oct 22, 2024 | Listed by Selling ADK | $160,000 | |
| Listed by Selling ADK | |||
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Check out this 3 BR/1BA colonial home in Pine Hills! Only 5 mins to Washington Park, Albany Medical Center and local restaurants. Featuring hardwood floors, partially fenced-in backyard and walk-up attic waiting to be finished. A great opportunity to renovate and make your own or investment property. Fixer upper, won't qualify for FHA. Schedule a showing today!
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| Oct 6, 2022 | Sold | ||
| Sold | |||
| Jun 27, 2022 | Listed by Coldwell Banker Prime Properties | $135,000 | |
| Listed by Coldwell Banker Prime Properties | |||
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About Pine Hills
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017