28
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705 Prospect Avenue
About This Property
As you step inside, you'll be greeted by a thoughtfully designed and open floor plan, creating a spacious and inviting atmosphere. The interior boasts stylish vinyl floors and has been freshly painted, giving the home a pristine and modern feel.
The kitchen is a true highlight, exuding both functionality and aesthetic appeal. You'll love the open shelving concept and the convenience of a gas range. Every detail has been meticulously considered, and both bathrooms have undergone stunning renovations, adding to the overall elegance of the home. Additionally, the third bedroom, conveniently located off the kitchen, can serve as a versatile space, ideal for a home office or whatever suits your needs.'||chr(10)||''||chr(10)||'Stepping outside, you'll discover an entertainer's paradise. The oversized porch provides ample room for gatherings with friends and family, ensuring countless cherished moments.'||chr(10)||''||chr(10)||'The backyard is a meticulously maintained oasis, featuring a beautiful garden, a handy shed, and a brand-new wood fence, giving you the perfect blend of privacy and serenity.'||chr(10)||''||chr(10)||'Don't wait any longer - schedule your appointment today to experience the allure of this remodeled modern home. Embrace the lifestyle you deserve in this charming and beautifully upgraded residence!
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Cap Rate Calculator
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 28, 2023 | Sold | ||
| Sold | |||
| Aug 1, 2023 | Listed by Southern Tropics R.E. LLC | $249,900 | |
| Listed by Southern Tropics R.E. LLC | |||
| Sep 23, 2022 | Sold | ||
| Sold | |||
| Aug 22, 2022 | Listed by Southern Tropics R.E. LLC | $229,000 | |
| Listed by Southern Tropics R.E. LLC | |||
| Feb 26, 2009 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017