70 Front 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%.
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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 |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Aug 17, 2018 | Sold | ||
| Sold | |||
| Jul 16, 2018 | Listed | $1,200,000 | |
| Listed | |||
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Originally the home of the successful tanner, Retire Parker, in the mid 19th century, this circa 1840's Colonial has been completely renovated. The spacious kitchen features a lowered floor, stainless steel appliances, built-in window seat, farmhouse sink, and lots of natural light. Butler pantry connects to the large dining room with hardwood flooring, built-ins, and fireplace. The second floor has plenty of space with four bedrooms, two baths, and den. Master with wood burning fireplace, dressing room, and spa-like master bath. Guest bedroom has 3/4 bath. Wide pine and hardwood flooring throughout. Sunroom with slate floor leads out to the patio that was done in 2016. The three-season porch faces the landscaped backyard with gazebo. Whole house central ac, new electric, 2 car garage. This home looks like something out of a magazine! It is a must see! The manager has listed the unit size as 4263 square feet.
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| Jun 26, 2018 | Listed by Ruffner Real Estate, LLC | $1,200,000 | |
| Listed by Ruffner Real Estate, LLC | |||
| Jan 25, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017