8902 57TH AVE
About This Property
With its 4 bedrooms and 3 bathrooms, this home boasts a functional layout that invites creativity. The interior space is brimming with potential, awaiting the touch of someone eager to bring their design dreams to life. While the property does require some tender loving care, its solid structure and existing features set the stage for an exciting transformation. 2 bedrooms are in the basement with a full bathroom and 2 rear entrance making it ideal for renting rooms.
Situated on a well-sized lot, there's ample space for outdoor enhancements, whether it's creating a serene garden retreat or crafting an inviting entertainment area. The surrounding community offers a blend of suburban tranquility and urban convenience, making it an ideal setting for a family looking to revitalize a home and be part of a welcoming neighborhood.
In close proximity to parks, schools, and local amenities, this property at 8902 57th Ave offers a chance to reimagine a residence according to personal preferences. If you're ready to roll up your sleeves and turn potential into reality, this home is the perfect project to showcase your renovation skills and design flair. Embrace the opportunity to breathe new life into a property that's poised to shine with a little TLC. This property is being sold AS-IS is offering 3% CLOSING COST HELP
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 29, 2023 | Sold | ||
| Sold | |||
| Sep 22, 2023 | In contract | - | |
| In contract | |||
| Sep 20, 2023 | Price Decreased |
$399,999
↓ $50K
(11.1%) | |
| Price Decreased | |||
| Sep 6, 2023 | Price Decreased |
$450,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Aug 25, 2023 | Listed by EXIT Right Realty | $460,000 | |
| Listed by EXIT Right Realty | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Berwyn Heights
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,500 /mo
- 3 Beds
- 2 Baths
- 1,680 ft²
$3,300 /mo
- 4 Beds
- 2 Baths
- 1,705 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017