722 Mulcahy
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 |
|---|---|---|---|
| Oct 20, 2021 | Sold | ||
| Sold | |||
| Jul 3, 2021 | Listed by BRE Realty, LLC | $190,000 | |
| Listed by BRE Realty, LLC | |||
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Beautiful Home on 4 lots in the town of Damon with city services. The home is very well cared for with wood/gas burning fireplace in large family room, kitchen & dinning area, 1 bedroom, full bath and laundry area on first floor. Bedroom & Shower only bath on 2nd floor. The bedroom closets are Cedar lined. The upstairs bed room has some built in drawers. Nice paved covered carport out the front entry. Three car detached garage with 3 extra carport stalls attached to the back side of garage. The property also has carport for RV. The property is fully fenced with an electronic gate entry. The 4 lot property allows for much room to expand, such as another home or mobile for rental properties etc. The property has a lot of potential.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017