9-15 160 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 |
|---|---|---|---|
| Sep 12, 2023 | Sold | ||
| Sold | |||
| Jun 13, 2023 | In contract | - | |
| In contract | |||
| Apr 17, 2023 | Price Decreased |
$1,875,000
↓ $50K
(2.6%) | |
| Price Decreased | |||
| Mar 12, 2023 | Listed by Exit Realty Team | $1,925,000 | |
| Listed by Exit Realty Team | |||
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Welcome to 9-15 160th Street in Beechhurst! This is a beautiful Mediterranean-style home (5 heating zones and 3 CAC zones) for sale! This home's special and unique feature is via the separate access/gate to the basement - where you walk through and can see the basement is made to be used as any type of professional office (doctor's office, law office, etc). There is a legal permit for usage, which makes it an additional benefit and feature. From the main entrance, Right as you walk in, you are greeted by the grand foyer and entryway. As you continue walking through the first floor, you meet the living room with a fireplace, formal dining room, family room/den/bedroom with full bathroom, eat-in kitchen, and half bathroom. Making your way upstairs to the second floor, there are 4 bedrooms and 3 bathrooms in immaculate condition. One of the 3 full bathrooms features a jacuzzi. The third floor has 1 bedroom. Again to emphasize the basement which is full and finished with multiple different rooms currently being utilized as a den, office space, and a wine cellar. Outside, there is a private 2-car driveway with a 2-car attached garage. This house is conveniently located by public transit, Cross Island Pkwy, shops, restaurants, schools, parks, and more! The buyers who are looking to have additional professional office space, or to utilize the space to operate your specialties, this is the home for you!! Also, this home has low property tax, and it is a phenomenal opportunity & a must-see home!
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| Feb 28, 2023 | Listed by Exit Realty Team | $1,875,000 | |
| Listed by Exit Realty Team | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017