712 Nicholson Street
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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 |
|---|---|---|---|
| Jul 26, 2021 | Sold | ||
| Sold | |||
| Jun 6, 2021 | Listed by RE/MAX Signature | $436,000 | |
| Listed by RE/MAX Signature | |||
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LOCATION, LOCATION, LOCATION!!! Blink and this GEM will be SOLD! Dramatic 3 story/2.5 bath home located in the sought after Heights area facing a beautiful park and the Heights hike & bike trail. 1st floor accesses bedroom with a full private bath, 2 car garage and fenced yard with patio. 2nd floor includes Gourmet kitchen with granite counter tops, stainless appliances overlooking the the dining and family room. Large family room with access to a balcony overlooking the bike trail and downtown views. Huge 3rd floor master with 2 large walk-in closets and raised ceilings. Master bath offering double sinks, garden tub and a separate shower. Next is the 3rd bedroom or study and the utility room with full size washer and dryer. Additional features include sound proof windows, immediate access to the dog park, hike and bike trail, and a short walk to many great Heights restaurants and shopping venues including Heights Mercantile and MKT coming soon.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017