99 Mechanic 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 |
|---|---|---|---|
| Jul 1, 2020 | Sold | ||
| Sold | |||
| May 19, 2020 | Listed by Cirelli Real Estate | $189,000 | |
| Listed by Cirelli Real Estate | |||
| May 25, 2011 | Sold | ||
| Sold | |||
| Oct 11, 2010 | Listed by Keller Williams Realty | $49,985 | |
| Listed by Keller Williams Realty | |||
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So many possibilities for this antique with barn located near the center of town. If you love an antique home that's a project then this is for you! Large old style Colonial with wraparound porch and attached 2 story barn. Lots of HW Floors, Town Water and Sewer. Needs updates and repairs throughout. Seller/Agent make no representations as to condition or financeability of property.
| |||
| Jun 29, 2010 | Listed by Cirelli Real Estate | $78,025 | |
| Listed by Cirelli Real Estate | |||
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Address: 335 Madison Avenue, New York, NY 10017