720 Ashland 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 |
|---|---|---|---|
| Sep 30, 2022 | Sold | ||
| Sold | |||
| Aug 11, 2022 | Listed by Martha Turner Sotheby's International Realty | $1,099,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Beautiful 2018 Sullivan custom home built on picturesque street. Located on a dead-end street off the Heights trail between Mercantile and MKT, you are an easy walk to dozens of shops, restaurants, fitness studios and close to multiple parks. This property shows like new construction with gorgeous craftsman finishes, heavy millwork, reclaimed oak hardwoods, and site-built cabinetry. It offers modern amenities like spray foam insulation, tankless water heater, quartz countertops, soft close cabinets and drawers, and a turfed backyard. Unique Sullivan layout with attached guest quarters complete with full kitchen, can be isolated or accessed from the main house. Office on main floor, 3 bedrooms + quarters on second floor. Oversized garage with 3-car tandem parking + workshop area. Transferable 10 year structural warranty.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017