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98 3RD Place #NA
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%.
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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 |
|---|---|---|---|
| Sep 7, 2017 | Sold | ||
| Sold | |||
| Apr 27, 2017 | Listed by Brown Harris Stevens Brooklyn LLC | $3,250,000 | |
| Listed by Brown Harris Stevens Brooklyn LLC | |||
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The 4 family brownstone currently used as 3 family is located on a quiet tree lined block with large front and rear yard. The house can easly be convert to your needs. Owner's garden duplex has an updated kitchen with new stainless steel appliances, oak cabinets and granite counter tops with a breakfast bar open to the dining area next to the living room.A large den could also be used as formal living room or additional bedroom. Bathroom has white subway tiles with green trim, Jacuzzi, and storage closet. The triple parlor floor has very high ceilings. On this level there are three bedrooms, a 1/2 bath and an open middle room. The second floor rental has a windowed eat in kitchen with granite counters lot of cabinetry, open living room, and bedroom. Top floor has open loft layout with exposed brick, very high ceilings and a separate cozy bedroom. The finished basement is great for a playroom and there is plenty of storage. Located in PS 58, near the hot trendy restaurants and near transportation. Low taxes. An above ground pool is in the back yard with decking for cooling off during those hot summer days.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/27/2017
|
6 Bed
|
4 Bath
|
-
|
$3,250,000
6 Bed
4 Bath
|
$3,250,000
09/07/2017
|
Phyllis NORTON-TOWERS
Brown Harris Stevens Brooklyn LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017