87 Butler 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 7, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $239,900 | |
| Listed | |||
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Built in 1993 this single family home is great for extended family. The first level features an open floor plan with living room, dining room and kitchen. The lower level is a walk-out basement with plenty of light and space. It also has a full kitchen, living room, dining room, 2 bedrooms and a full bath. Great for potential in-law set up.The manager has listed the unit size as 1248 square feet.
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| Apr 30, 2017 | Listed by RE/MAX Right Choice | $239,500 | |
| Listed by RE/MAX Right Choice | |||
| Apr 8, 1994 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017