97 Prospect 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 |
|---|---|---|---|
| Apr 9, 2021 | Sold | ||
| Sold | |||
| Mar 8, 2021 | Listed by Premier Realty Group, Inc. | $1,650,000 | |
| Listed by Premier Realty Group, Inc. | |||
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THE 2 YEAR TOP TO BOTTOM TOTAL RESTORATION OF ONE OF READING'S ICONIC CROWN JEWELS HAS JUST NOW BEEN COMPLETED!! All major systems(electrical, plumbing HVAC, Marvin Signature Series windows, roof and much more) have been upgraded while preserving the home's well appointed classic Federal exterior designed by Reading's own Horace G Wadlin. First floor has been redesigned to accommodate today's open floor plan which features a fully applianced cook's kitchen with Omega custom cabinetry, quartz countertops & island with an informal dining area. Enjoy the tranquil study with natural original pocket doors. 2nd floor master bath features a polished Carrara marble floor, double silestone vanity, with a luxurious soaking tub and walk-in shower. The other 4 bedrooms and full bath have all been updated as well. Many historical interior features remain to be seen and appreciated by a discerning buyer. Don't miss this rare opportunity to own a piece of Reading's history! Showings by Appointment.
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| Jun 5, 2019 | Sold | ||
| Sold | |||
| Apr 24, 2019 | Listed by LAER Realty Partners | $819,900 | |
| Listed by LAER Realty Partners | |||
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One of a kind, WEST SIDE COLONIAL Built in 1894 & designed by renowned architect HORACE G WADLIN. This home is on the Reading Historical Register & well known within the local historic home community. You will be amazed by this home with 3 finished levels, large kitchen, 2 sitting rooms on the first floor & a large oversized dining room. Imagine 4-6 bedrooms, all with great closet space. Exquisite chestnut wood work, along with period interior architectural appointments. Can you imagine finding a home with so much space, finished attic area space and more? Newer 2 car garage too in a great location. This one won't last. OPEN HOUSE SATURDAY APRIL 27th from 11-1 pm.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017