8 46th 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 |
|---|---|---|---|
| Jul 16, 2013 | Sold | ||
| Sold | |||
| Mar 27, 2013 | Listed by Stone Ridge Properties, Inc. | $310,000 | |
| Listed by Stone Ridge Properties, Inc. | |||
| Apr 26, 2010 | Listed by Barre International Realty, LLC | $414,900 | |
| Listed by Barre International Realty, LLC | |||
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Location, Location, Location. This home is a legal two family that could easily be converted to a single family home. Across the street from basin, this property is a rare opportunity with tremendous potential. Make your dream of owning on Plum Island reality! Call us for more details.
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| Mar 23, 2010 | Listed by Barre International Realty, LLC | $414,900 | |
| Listed by Barre International Realty, LLC | |||
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Looking for a real estate investment? Rare opportunity to own a 2 family vintage home on Plum Island. Great location, close proximity to Basin and Beach. Good summer rental potential. Ample parking. Call us for more details.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017