720 Mathis 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 |
|---|---|---|---|
| Apr 21, 2021 | Sold | ||
| Sold | |||
| Jul 2, 2020 | No longer available | - | |
| No longer available | |||
| Jan 3, 2020 | Listed by PRA & Company Realtors | $400,000 | |
| Listed by PRA & Company Realtors | |||
| | |||
|
TAKE ACTION AND SAVE $$$. The Subdivision Variance and The Plat Development approval with the county TO BUILD 15 UNITS was reviewed, approved, and released by the DRO (Development Review Officer), now is set for public hearing at the Zoning Commission this June 4th. The site has Water and Energy in place. Sale Price will be increased by $100K upon approval, being pending only the construction permits application. For any additional information please check the Broker's remarks.
| |||
| Jun 9, 2019 | No longer available | - | |
| No longer available | |||
| Mar 14, 2019 | Relisted | $399,999 | |
| Relisted | |||
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About Palm Beach
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$2,500 /mo
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- 1,924 ft²
$2,500 /mo
- 3 Beds
- 1 Bath
- 1,924 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017