71 Bates 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 |
|---|---|---|---|
| Mar 23, 2023 | Sold | ||
| Sold | |||
| Feb 1, 2023 | In contract | - | |
| In contract | |||
| Jan 14, 2023 | Listed by Cusack & Associates | $554,900 | |
| Listed by Cusack & Associates | |||
| | |||
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Nestled prominently amongst the flora, this fully renovated three-bedroom home is set to impress. Improvements include new roof, siding, HVAC, plumbing and 200 AMP electric. This home keeps it classic, yet has many innovative, modern touches throughout. The kitchen is light and bright with white cabinetry, and new stainless steel appliances. A unique and functional focal point is the center island, which offers both seating and storage. There is a grand living room with window seat, and distinctive wood accents; there is also a room that could be used as an office space, with abundant natural sunlight. The primary bedroom is located on the first floor and has use of an exquisitely designed bathroom. Two more generously sized bedrooms and a full bath/laundry are located on the second level. Conveniently located near shopping, restaurants, public transportation and all the amenities.
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| Dec 25, 2022 | No longer available | - | |
| No longer available | |||
| Dec 2, 2022 | Price Decreased |
$564,900
↓ $5K
(0.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017