74 AKA 72 First 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 |
|---|---|---|---|
| Aug 5, 2021 | Sold | ||
| Sold | |||
| Jun 17, 2021 | In contract | - | |
| In contract | |||
| Jun 1, 2021 | Listed by Houlihan Lawrence Inc. | $559,000 | |
| Listed by Houlihan Lawrence Inc. | |||
| Dec 23, 2015 | Sold | ||
| Sold | |||
| Mar 31, 2015 | Listed by Houlihan Lawrence Inc. | $469,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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This impeccable bright and spacious home is perfect for the large or extended family with its legal in law apartment or it can be used as a wonderful large 5 bedroom home. Beautifully remodeled and updated this spotless home features a new kitchen with granite counters and stainless steel appliances, formal dining room, large living room and enclosed porch. The second floor can be used as the in-law apartment complete with eat in kitchen and luxurious new bathroom or as 3 generously sized bedrooms plus a full finished walk up attic that provides extra living space or a great bonus room. The basement is fully finished with 2 additional bedrooms, laundry room, an updated boiler and brand new hot water heater. Presented in total move in condition with parking for 4 cars, hardwood floors throughout and ideally located in close proximity to the Metro North, buses, shops and restaurants. Taxes do not reflect the star deduction of $1,115.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017