908 Acadia 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 |
|---|---|---|---|
| Dec 12, 2022 | Sold | ||
| Sold | |||
| Nov 9, 2022 | Sold | ||
| Sold | |||
| Aug 30, 2022 | Listed by RE/MAX of Boulder | $799,000 | |
| Listed by RE/MAX of Boulder | |||
| Nov 23, 2021 | Sold | ||
| Sold | |||
| Nov 10, 2021 | Listed by RE/MAX of Boulder, Inc | $529,900 | |
| Listed by RE/MAX of Boulder, Inc | |||
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Great, Lafayette Park home with a ton of upside for the hands-on owner. A very solid house with great bones. It had the same tenant for 20 years and needs new carpet, paint, and main bathroom update. It did get a new roof with a permit in 2018 with a 50-year warranty, a new electrical panel in 2021, and has a newer water heater, oven, refrigerator, and dishwasher. Furnace replaced in 2007. Very desirable location This is a tremendous buy for a fixer-upper. Comparables that don't back to busy streets are 206 Summit Cir which sold for $635k and 241 Summit Cir. which sold for $650k. All measurements are approximate. Buyer to verify.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017