89 Main 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 |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Aug 26, 2024 | In contract | - | |
| In contract | |||
| Aug 5, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 4, 2024 | Listed by Berkshire Hathaway HomeServices Realty Professionals | $409,000 | |
| Listed by Berkshire Hathaway HomeServices Realty Professionals | |||
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This split-entry raised ranch, in excellent condition, boasts a two-car garage and sits prominently elevated from the street, offering a serene and nature-surrounded environment. The open floor plan features three bedrooms, two bathrooms, new flooring, an expansive family and dining room, and a kitchen equipped with a stainless steel range/oven and refrigerator. Natural light abounds through the kitchen skylight and the glass sliding doors in the family and dining room. The lower level includes a spacious second family room with a custom stone wall and fireplace, a versatile bonus room with a closet ideal for an office, bedroom, or workout space, and a large laundry room with an additional half bath and ample storage. Direct home access is provided through the spacious two-car garage. The home is equipped with a NEST thermostat and an integrated alarm system. The 1.39-acre lot features a fenced section, fire pit area, shed, and plenty of open space.
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| Aug 1, 2024 | Price Decreased |
$409,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017