71 Mount Vernon St
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 |
|---|---|---|---|
| Apr 23, 2024 | Sold | ||
| Sold | |||
| Mar 13, 2024 | In contract | - | |
| In contract | |||
| Mar 11, 2024 | Listed by RE/MAX Bentley's | $499,900 | |
| Listed by RE/MAX Bentley's | |||
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Come and check out this Raised Ranch with INLAW suite! Located right on desirable Mount Vernon Street! Same owner since built in 1961. Main level consists of 3 bdrms and living room both with hardwood, kitchen and a tiled full bath. Walk out lower level is currently set up to use as an inlaw suite with 1 bdrm, living room, and kitchenette but could easily be used for more bedrooms or a family room. Larger than average, beautiful and private back yard. Close to highway, parks and schools. Won’t last long! *** Multiple offer situation. Highest and best due by 6pm on 3-12.***
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017