982 Putnam Avenue
About This Property
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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%.
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 |
|---|---|---|---|
| Sep 17, 2023 | Back on market | - | |
| Back on market | |||
| Aug 31, 2022 | Sold | ||
| Sold | |||
| Jul 17, 2022 | In contract | - | |
| In contract | |||
| Jun 30, 2022 | Listed by Coldwell Banker American Homes | $589,900 | |
| Listed by Coldwell Banker American Homes | |||
| | |||
|
Absolute PRIME location!! Opportunity knocks, so don't miss the chance to live on this beautiful tree-lined street in the heart of N. Merrick. This recently renovated 4BR, 1 Bath cape, nestled on shy 1/4 acre property offers so many possibilites! Features include NEW 40yr Arch Roof, Vinyl Siding, Brand New Oversized Garage, Sunny and Bright 3-Season Room off the newly updated Kitchen w/quartz Counters and SS appls, Newly updated Bath, Wood floors on 1st level, Skylights in BR's upstairs, 200 Amp electric, EZ conversion to GAS (in front), Full Unfin. Bsmt offers a clean slate to customize and create more space! Huge backyard, PVC Fencing, AG pool, more! With a few updates, this home would be a true gem you will be proud to own!
| |||
| Jun 17, 2022 | Listed by Coldwell Banker American Homes | $589,900 | |
| Listed by Coldwell Banker American Homes | |||
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About North Merrick
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,200 /mo
- 4 Beds
- 3 Baths
- 2,438 ft²
$2,500 /mo
- 1 Bed
- 1 Bath
- 2 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017