814 Homer 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 |
|---|---|---|---|
| Nov 23, 2022 | Sold | ||
| Sold | |||
| Sep 26, 2022 | In contract | - | |
| In contract | |||
| Sep 6, 2022 | Listed by Howard Hanna Professionals | $54,500 | |
| Listed by Howard Hanna Professionals | |||
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This 2 bedroom 1 full bath old style home is ready for some TLC. Each room is spacious and can be easily be updated with some fresh paint and flooring. Huge bathroom with laundry. New porch was put on and foundation has been fixed. Nice size backyard that can be easily fenced in. Great house to flip, live in, or rent.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017