9 Papineau St
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 |
|---|---|---|---|
| Mar 3, 2025 | Sold | ||
| Sold | |||
| Dec 14, 2024 | In contract | - | |
| In contract | |||
| Dec 4, 2024 | Listed by Redfin Corp. | $299,900 | |
| Listed by Redfin Corp. | |||
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OFFER DEADLINE MONDAY 12/9 BY 3PM. Move-in Ready Auburn Line Gem! This charming ranch-style home offers the perfect blend of comfort and convenience. With new flooring and paint throughout, this home shines. Enjoy a spacious layout with two good-sized bedrooms and an additional flexible room perfect for an office or third bedroom. The enclosed front and side porches provide additional outdoor living space, while the first-floor laundry adds to the convenience. The fenced yard, screened-in porch, and walkout basement provide ample outdoor space for relaxation. Located in a desirable neighborhood, this home offers easy access to local amenities, schools, and transportation.
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| May 31, 2002 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017