9 Cottage Ave
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 |
|---|---|---|---|
| Jun 24, 2011 | Sold | ||
| Sold | |||
| Apr 11, 2011 | Listed by Dan Bennett Real Estate | $254,900 | |
| Listed by Dan Bennett Real Estate | |||
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Solid 3 bedroom single-family home featuring 3-season enclosed porch, central air conditioning, off-street parking, plus a 1-car garage. Centrally located within walking distance to shopping, restaurants, and summer concerts. Full basement with work shop area. Hardwood/wood floors under wall-to-wall carpeting. Some newer windows. FIOS available. Family-owned for 40 years. Move right in and add your personal touches. Zoned C1 (commercial) but currently taxed and used as residential.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017