87 Union Avenue
About This Property
Step inside to discover a well-appointed eat-in-kitchen, complemented by a spacious 20 x 27 deck, perfect for entertaining guests. The first floor also boasts a cozy living room, a formal dining room, a comfortable family room, an office/bedroom, and a convenient full bathroom. Additionally, an attached two-car garage provides ample parking and storage space, ensuring utmost convenience for homeowners.
Upstairs, you'll find a luxurious primary suite with an ensuite bathroom, along with two more bedrooms and hallway bathroom. A few notable additions are the Allini water filtering system in the whole house, ensuring you have clean and fresh water at all times, and the property boasts a 6 zone sprinkler system.
Located just a short walk to nearby schools and the train station, which is less than a mile away.
Don't miss out on this remarkable property that combines comfort, style, and a warm, inviting atmosphere. Additional Information: ParkingFeatures:2 Car Attached,
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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 15, 2023 | Sold | ||
| Sold | |||
| May 30, 2023 | In contract | - | |
| In contract | |||
| May 15, 2023 | Listed by Compass Greater NY, LLC | $1,250,000 | |
| Listed by Compass Greater NY, LLC | |||
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About Harrison
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017