850 Fourth Avenue
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 5, 2025 | In contract | - | |
| In contract | |||
| Apr 1, 2025 | Listed | $240,000 | |
| Listed | |||
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Don't let its modest exterior fool you! This home's interior has been totally remodelled in a cabin chic style. All 3 bedrooms are knotty pine panelled, with the primary bedroom on the first floor. A wall of windows brightens and warms the eat in kitchen. Modern glass showered bathroom with laundry. Cozy living room with gas stove. Three mini splits provide energy efficient heat as well as air conditioning. Heathed full basement with oil boiler. Covered rear cement deck with hot tub looking over the partially fenced in backyard. Even the one car garage with workbench holds an unexpected surprise... your own private sauna, plus a 30 amp RV hookip All appliances included, furnishings negotiable. Please remove shoes while viewing this unique home. ATV directly from the property and an easy drive to 3 major ski areas and the hiking trails of the White Mts.
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| Oct 24, 2022 | Sold | ||
| Sold | |||
| Sep 23, 2022 | Listed by Badger Peabody & Smith Realty | $120,000 | |
| Listed by Badger Peabody & Smith Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017