71 Eastern Ave #71
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 |
|---|---|---|---|
| Sep 21, 2023 | Sold | ||
| Sold | |||
| Aug 30, 2023 | In contract | - | |
| In contract | |||
| Jul 7, 2023 | Relisted | $449,000 | |
| Relisted | |||
| Jul 4, 2023 | In contract | - | |
| In contract | |||
| Jun 27, 2023 | Listed by RE-Connect, LLC | $449,000 | |
| Listed by RE-Connect, LLC | |||
| | |||
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There's nothing better than NEW! This 3-bedroom, 1.5 bath home with a 1-car garage – giving you 1664 sq ft of space. Imagine walking in and seeing all the natural hardwood floors, a beautiful modern kitchen. Construction starts soon so get in now so you can have your choice of kitchen cabinet color, granite for kitchen, wall colors, and rug color. All of this is situated in a convenient neighborhood, only minutes from all major routes.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/27/2023
|
3 Bed
|
2 Bath
|
1664 ft²
|
$449,000
3 Bed
2 Bath
1664 ft²
|
$435,000
-3.12%
09/21/2023
|
Julio Roque
RE-Connect, LLC
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017