716 Loomis Avenue
About This Property
Renovations and modernization to this great Colonial include new hardwood flooring, a new large eat-in kitchen with granite counter tops and all new stainless steel appliances. The 2nd floor is bookended by two huge bedrooms with new wall to wall carpeting and the master bathroom with dual entrance features a double vanity. Other new renovations also include a new deck, fenced in yard, many windows, interior doors, washer and dryer hookup, lighting fixtures, plumbing, electrical, new roof, siding, gutters and boiler/baseboard heaters.
Aside from the main regal entrance and easy access to the yard from the street, a separate private, side entrance to one of the bedrooms is perfect for a family member or guest who comes to visit.
This property will be gone quickly, call today to schedule a showing.
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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 19, 2019 | Sold | ||
| Sold | |||
| Jul 17, 2019 | In contract | - | |
| In contract | |||
| Apr 5, 2019 | Listed by HomeSmart Homes & Estates | $349,500 | |
| Listed by HomeSmart Homes & Estates | |||
| Aug 30, 2018 | Sold | ||
| Sold | |||
| Jun 21, 2018 | Listed by Q Home Sales | $94,900 | |
| Listed by Q Home Sales | |||
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Spacious home with lots of potential. Corner lot with fenced in yard. Full basement. Lots of storage. Convenient to major roads, shopping, schools, recreational facilities, public transportation.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017