9 Kirmes Rd
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 |
|---|---|---|---|
| Feb 3, 2025 | Sold | ||
| Sold | |||
| Sep 21, 2024 | In contract | - | |
| In contract | |||
| Sep 10, 2024 | Listed by Elite Realty Experts, LLC | $499,900 | |
| Listed by Elite Realty Experts, LLC | |||
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Are you looking for a project? This 7-room, 3-bedroom, 1.5-bathroom split/multi-level home, built in 1961, is a Diamond in the Rough. With great bones and an amazing cul-de-sac location, this property is ready for your vision and renovations. Perfect for builders, contractors, and handymen, this property offers endless possibilities. Bring your tools and imagination – the house has a great layout and with some effort, this house can become the home of your dreams. Sold WHERE IS, AS IS. Cash or construction financing only. There will be no Public Open Houses.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017