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About This Property
This property is now active in an online auction. All offers must be submitted through the property's listing page. PLEASE CALL OR EMAIL LISTING AGENT OR BROKERAGE FOR WEBSITE INFO! The sale will be subject to a 5% buyer's premium pursuant to the Auction Terms and Conditions (minimums may apply). All auction bids will be processed subject to seller approval. RECOMMENDED STARTING BID $49,500.
PROPERTY WILL BE AUCTIONED MAY 21, 2024
BUYERS RESPONSIBILITY TO PERFORM DUE DILIGENCE REGARDING PROPERTY LOCATION, USE, RESTRICTIONS AND TAXES.
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 21, 2024 | Sold | ||
| Sold | |||
| May 2, 2024 | Listed by Meredith Fine Properties | $49,500 | |
| Listed by Meredith Fine Properties | |||
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| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
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Meredith Fine Properties
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDAA2083896
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017