898 Sutton Street
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 |
|---|---|---|---|
| Jan 23, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Nov 25, 2022 | Price Decreased |
$249,000
↓ $10K
(3.9%) | |
| Price Decreased | |||
| Oct 31, 2022 | Price Decreased |
$259,000
↓ $26K
(9.1%) | |
| Price Decreased | |||
| Dec 3, 2021 | Listed by LAER Realty Partners | $285,000 | |
| Listed by LAER Realty Partners | |||
| | |||
|
**SHORT SALE**SOLD AS-IS**PRICE NOT YET APPROVED BY LENDER**PROFESSIONALLY NEGOTIATED BY THIRD PARTY** Three bedroom, one and a half bath ranch with a large open backyard perfect for entertaining. Close to several major routes. Subject to short sale negotiation fee of $5,000 paid at closing by buyer. Smoke certificate and final water bill are buyer's responsibility **ALL OFFERS MUST HAVE SIGNED DISCLOSURE ATTACHED TO THIS LISTING**
| |||
| Jun 15, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017