731 Read St
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 |
|---|---|---|---|
| Jul 26, 2024 | Sold | ||
| Sold | |||
| Jun 11, 2024 | Listed by Marble House Realty, Inc. | $474,900 | |
| Listed by Marble House Realty, Inc. | |||
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** HIGHEST AND BEST DUE TUESDAY AT 12:00 NOON ** Walk through the mudroom to an updated kitchen that is equipped with white shaker cabinetry, quartz countertops, herringbone tiled backsplash, stainless steel appliances and oak hardwood floors throughout. Open from the kitchen is the formal dining room with recessed lighting and a modern chandelier. The front-to-back living room boasts an abundance of natural light and features a white brick fireplace and slider leading to the back deck. A half bath with a custom sink completes the first floor. The second level homes the primary bedroom with vaulted ceilings, recessed lighting, modern fan and light fixture, and two closets. The luxury bathroom offers a floor-to-ceiling tiled shower with a rainfall and a traditional showerhead enclosed in glass, a soaking tub, double vanity and SS finishes throughout. The exterior offers a fully fenced in yard, vinyl siding, and off street parking for 3 vehicles.
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| Jun 4, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017