88 Young St.
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Jun 6, 2023 | Sold | ||
| Sold | |||
| Apr 5, 2023 | Listed by Sanville Real Estate, LLC | $250,000 | |
| Listed by Sanville Real Estate, LLC | |||
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NEWPORT – 3 BR, 1.5 BA home on a spacious .23-acre lot close to all of Newport City’s amenities. Recent updates Include's partial new roofing in 2022 and new carpeting. Attached 2 car garage, spacious rooms, covered back porch, covered balcony off primary bedroom upstairs, generator hookup, workshop area in basement, and much more. Partially fenced yard, apple trees, city water/sewer for convenience. This home is ready for its next owners and will qualify for most home loan programs.
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| May 12, 2022 | Sold | ||
| Sold | |||
| Mar 18, 2022 | Listed by Jim Campbell Real Estate | $192,500 | |
| Listed by Jim Campbell Real Estate | |||
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Well maintained and updated home in a quite neighborhood setting on the East Side of Newport. This home is situated on a spacious lot with a large lawn and offers 1450+ sq.ft of finished living area that consists of 3 bedrooms and 1.5 baths. This home features numerous updates to include the modern kitchen with stainless appliances (double over), main level flooring/paint/lighting/etc., vinyl windows, on-demand hot water heater, oil hot air furnace, new oil tank, blown-in insulation, generator hook-up and so much more. The main level offers a mudroom with direct access to the attached 2-car garage (storage above) & a half bath, kitchen, formal dining room, a spacious living room and access to the covered back porch. The second level offers a master bedroom with access to a covered balcony, 2 additional bedrooms, a full bath and a laundry area. The lower level is unfinished and offers a great workshop area and utility access. The large yard has plenty of lawn area, apples trees and a partially fenced-in area for pets. City water & sewer and Comcast cable & high-speed internet available. Desirable location; walking distance to schools, stores, downtown and more. This home is turn-key ready and will qualify for most any type of home loan program.
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| Jul 18, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017