9 Phinney Lane
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 |
|---|---|---|---|
| Jul 29, 2016 | Sold | ||
| Sold | |||
| Jun 16, 2016 | Listed by Century 21 Elite Realty | $179,900 | |
| Listed by Century 21 Elite Realty | |||
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Cute two bedroom Ranch in a great location. In need of rehab. Bones are good, full basement with 5 year old furnace, washer/dryer hook-ups. Newer roof, vinyl siding. Hardwood floors with wood burning fireplace. Knotty pine walls in living--room, Kitchen & bath need rehab. One car attached garage. Nice yard that also needs landscaping, some tree removal. Priced to Sell. Could be a nice home for someone able to do their own work or an Investor/Contractors investment. Plenty of equity for the right Buyer.
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| Jun 14, 2001 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017