8917 Vrain Street
About This Property
Call the listing broker prior to remitting the offer once at the stage of writing only.
Home appears to have good bones to work with as they say. Project is not for the faint of heart. Wook shake roof needs replaced. No heat currently as boiler does not work so water is shut off to prevent pipes from freezing. Water leak coming in from upper back deck into ceiling of eating space on main floor. Needs flooring, total interior remodel & outside work. HOME PRICED ACCORDINGLY for the right cash buyer that knows what they are doing.
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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 |
|---|---|---|---|
| Mar 29, 2023 | Sold | ||
| Sold | |||
| Feb 11, 2023 | Listed by Sterling Real Estate Group Inc | $360,000 | |
| Listed by Sterling Real Estate Group Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017