812 Tulane Street
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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%.
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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.
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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 |
|---|---|---|---|
| Oct 10, 2024 | Sold | ||
| Sold | |||
| Sep 16, 2024 | In contract | - | |
| In contract | |||
| Sep 13, 2024 | Listed by Martha Turner Sotheby's International Realty | $999,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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Beautiful Heights home with front and back covered porches just steps off of the hike and bike trails. Nestled in the tree lined streets this gorgeous home welcomes you with all the charm of the Heights. First floor has a taste of tradition yet high ceilings, wood floors and an open living concept. Living room with gas log fireplace overlooks the front of the house and opens to the dining room. Amazing island kitchen opens up to the breakfast room and large family room. All overlooking the expansive back porch and yard. A top of the oversized garage is a one bedroom and full bath garage apartment with a kitchenette. Alley access makes this a great rental if so desired. Seller has lovingly taken care of this home adding a new roof in 2020 with a 25 year transferable warranty, all HVAC's (main house and garage apartment) have been replaced in the last 4 years, water heaters replaced in 2019 (main house), 2020 (garage apartment) and a new fence in May of 2024.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017