701 Nelson Avenue
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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.
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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 |
|---|---|---|---|
| Feb 17, 2021 | Sold | ||
| Sold | |||
| Nov 22, 2020 | Listed by Dolores Leonard Real Estate | $399,900 | |
| Listed by Dolores Leonard Real Estate | |||
| | |||
|
ROMANTIC WANTED TO APPRECIATE THE ONE HUNDRED YEARS OF LIVING THAT HAS GIVEN THIS DUTCH COLONIAL ITS UNIQUE CHARM AND WARMTH/Covered front portico leads to enclosed entry and center hall/French doors to living room w/gas fireplace/French doors to formal dining rm. w/original coffered ceiling/large kitchen with dining area and pantry/water closet off kitchen/Door to slate patio and fenced yard/Door to garage/Up:3 bedrooms. large hall bath w/linen closet/Down: Full, finished family room-w/tongue and groove paneling and built in seating/day beds 4/storage, laundry, workshop, mud room-door out/Original: Glass knobs on all doors including French doors-moldings-banister, hardwood floors and windows. All windows were refurbished in 2015/furnace refurbished/roof 2011, retaining wall 2010/All ceilings re-plastered/330 gal. oil tank in garage/Yearly cost $3107/Elec. $1530/Taxes w/out star savings $2061/COVID disclosure & recent preapproval from a recognized and reputable lender before viewing/
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| May 30, 1995 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017