950 Peace Street
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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%.
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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 |
|---|---|---|---|
| Jun 17, 2024 | Sold | ||
| Sold | |||
| Apr 25, 2024 | In contract | - | |
| In contract | |||
| Mar 28, 2024 | Listed by Houlihan Lawrence Inc. | $1,825,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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Looking for a "Peace"ful, easy feeling? You just found it and it's on the market for the first time in 30 yrs! Welcome to 950 Peace Street, a stately, solid brick colonial featuring large rooms, a lovely 2 story entry foyer, banquet-sized dining room, a warm living room (with wood burning fireplace), and a den - which can easily be used as a 4th bedroom. Upstairs you'll discover well sized bedrooms flooded with sunlight, including a large primary en-suite with dressing area and renovated hall bath. The lower level is a wonderful group of functional finished space (not included in the square footage but only adding to the possibilities). And just wait until you see how much well-thought out storage and closet space there is - not to mention the wine cellar! This home's charm doesn't end there! Outdoors is the perfect oasis to enjoy all year round! Whether you choose to sit in front of a fire pit, or entertain on the patio, or enjoy a game of catch - or free play in the yard - this large, flat yard has something for all. Could there be a pool in your future? A simple stroll through this friendly and lush neighborhood and you'll soon discover its convenience and happy vibe! Another added bonus Much beloved and sought after Prospect Hill elementary school is but a mere few minutes away. It won't be long before you'll feel right at home! It's size, lot coverage (150'x100'), potential, location, etc. make it a terrific find.
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| Mar 14, 2024 | Listed by Houlihan Lawrence Inc. | $1,825,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017