917 Nicholson Street
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 4, 2022 | Sold | ||
| Sold | |||
| Nov 16, 2021 | Listed by Boulevard Realty | $798,000 | |
| Listed by Boulevard Realty | |||
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When people say Location, Location, Location, it's because they don't have what we have here at 917 Nicholson, which is Location, Construction Style, and Quality. This is a reinforced concrete construction with all exterior ICF (insulating Concrete Form) walls, built like a high-rise building. Most definitely a rare find, as it's not often that you see a home built like this. At 917 Nicholson, engineering dances harmoniously with functionality, elegance, flow, and beauty. With its 2,606 sq ft of AC space and its 3,850 sq ft of inside/out enjoyable area (including comfortable balconies and an amazing 1000 sq ft rooftop with breath-taking views) this home has plenty of spaces to host your most memorable times with friends and family or even to relax alone. Close to Durham/Shepherd, M-K-T market, Heights Mercantile, 11th St., 19th St., and White Oak for quick access to some of the best eateries, hangouts, and shops—too many to list. Easy access to all major freeways.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017