6
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838 CULEBRA RD
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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 |
|---|---|---|---|
| Aug 13, 2026 | Listed by Uriah Real Estate Organization | $150,000 | |
| Listed by Uriah Real Estate Organization | |||
| Aug 5, 2024 | Sold | ||
| Sold | |||
| Apr 10, 2024 | Listed by Real Estate Connection | $125,000 | |
| Listed by Real Estate Connection | |||
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Location Highlights: Positioned on a busy street, ensuring visibility and accessibility for potential ventures. Convenient access to amenities, transportation, and thriving community hubs. Versatile MF-33 zoning opens doors to various development opportunities. Generous lot dimensions provide ample space for creative designs. Sturdy wrought iron fencing ensures security and longevity, designed to withstand the test of time. Single Family Home: Craft your dream residence in this vibrant location. Duplex: Double the potential with a duplex construction for investment or multi-generational living. Multi-Family: Ideal for developers seeking to capitalize on the demand for multi-unit housing. Short-Term Rental: Explore the lucrative short-term rental market, capitalizing on the area's allure. Business Ventures: Prime location for commercial ventures due to its visibility on a bustling street. Don't miss out on this rare opportunity to shape your vision into reality. Explore the endless possibilities that await and seize this prime investment opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017