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78 Progressive
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 |
|---|---|---|---|
| Dec 12, 2017 | Sold | ||
| Sold | |||
| Dec 31, 2008 | Sold | ||
| Sold | |||
| Jul 24, 2008 | Listed | $249,900 | |
| Listed | |||
| Aug 17, 2004 | Sold | ||
| Sold | |||
| Jun 18, 2004 | Listed by Barbera Associates | $155,000 | |
| Listed by Barbera Associates | |||
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Great lot in desirable location, close to major routes and shopping. Lot zoned for two family. Area of single family homes. Currently has mobil home that must be taken down (not livible).
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017