731 Commercial Avenue
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 |
|---|---|---|---|
| Aug 17, 2021 | Sold | ||
| Sold | |||
| Jun 9, 2021 | Listed by Ekdahl-Nelson Real Estate | $75,000 | |
| Listed by Ekdahl-Nelson Real Estate | |||
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Lovely house with small town charm! This home has great bones and has been lovingly cared for. You can move right on in and bring your ideas and plans for some updates. Two bedrooms, two bathrooms, with a formal dining area that could be used for a third bedroom or office area. The owners bedroom has a large closet and an office alcove. There is a nice sized laundry room with space for an extra refrigerator or freezer. There are two storage buildings in the backyard that need a little work but could serve as extra storage or a hobby shop. This home will be sold as is.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017