86 Empire St
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 |
|---|---|---|---|
| Dec 4, 2024 | Sold | ||
| Sold | |||
| Nov 9, 2024 | In contract | - | |
| In contract | |||
| Nov 7, 2024 | Listed by Gallagher Real Estate | $349,000 | |
| Listed by Gallagher Real Estate | |||
| Jul 3, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | Listed by Ideal Real Estate Services, Inc. | $224,000 | |
| Listed by Ideal Real Estate Services, Inc. | |||
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Opportunity knocks in Chicopee! This 3 bed, 1 bath ranch offers 960 SF of potential. Ready for a complete rehab, this property presents a blank canvas for your vision. Located in a prime area, this fixer-upper promises endless possibilities to create your dream home. Uninhabitable in its current state, seize the chance to revitalize and customize every detail. Don't miss this chance to invest in your future and transform this property into a gem. Act now and turn this house into your perfect home!
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Address: 335 Madison Avenue, New York, NY 10017