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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 |
|---|---|---|---|
| Mar 21, 2025 | Sold | ||
| Sold | |||
| Feb 8, 2025 | In contract | - | |
| In contract | |||
| Feb 5, 2025 | Listed by Coldwell Banker Realty - Norwell - Hanover Regional Office | $550,000 | |
| Listed by Coldwell Banker Realty - Norwell - Hanover Regional Office | |||
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Seize the Opportunity to Build Your Dream Home! This 1.02-acre level lot in Norwell, one of the South Shore’s most desirable towns, offers a perfect blend of privacy and picturesque beauty, surrounded by charming stone walls. Norwell is renowned for its excellent school system and serene country atmosphere. Conveniently, located near the Greenbush commuter rail and route 3, making commuting to Boston a breeze. Outdoor enthusiasts will love the proximity to the scenic North River, Norris Reservation and nearby local beaches perfect for exploring and enjoying nature.
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| Feb 19, 2014 | Sold | ||
| Sold | |||
| Oct 1, 2012 | Listed by Unicorn Realty | $320,000 | |
| Listed by Unicorn Realty | |||
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Rare opportunity to build in Norwell Village. Plans available for viewing. Direct frontage on Main Street. Buyer responsible for all permitting. Bussiness and Residential portions to this property. Motivated seller says make an offer!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017