75 Mechanic 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 |
|---|---|---|---|
| Mar 17, 2025 | Sold | ||
| Sold | |||
| Feb 27, 2025 | In contract | - | |
| In contract | |||
| Feb 18, 2025 | Listed by KRG - Key Realty Group | $324,900 | |
| Listed by KRG - Key Realty Group | |||
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Rare find, first time on the market, this home offers much opportunity to make it your own, from adding your own personal touches to renovating to your taste. The home boasts a covered space between the one car garage plus a breezeway that enters the gally kitchen, open concept dining / living and 3 bedrooms. Spacious 0.7 acre, mostly cleared lot, with blueberry bushes and gardening area, offers just the amount of tall shade trees too. Space for gardening and recreation. Laundry hook up in the Breezeway, but used to have a location in basement. Hot water tank installed approximately 2022, vinyl siding & some windows in 2005. Some kitchen appliances approximately 5 years old. Whole house fan - condition unknown. Being sold in as-is condition.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017