1 Geramat Way #LOT1B
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%.
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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.
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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 |
|---|---|---|---|
| Dec 18, 2024 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Sep 6, 2024 | Listed by Keller Williams Realty | $919,900 | |
| Listed by Keller Williams Realty | |||
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Last lot in new 5 lot subdivision on a Cul-De-Sac in an East Methuen location and in the CGS school district. Convenient to highways, shopping and schools. The 1st floor features a formal dining room and living room/office, both with hardwood floors and crown molding. A two-story family room with gas fireplace, recessed lights and open to the kitchen, boasting upgraded cabinets, granite countertops, center island, hardwood flooring and dining area with sliders leading to a deck, a 1/2 bath, laundry and entry closet with tiled floors. Access the second floor via the open staircase & features a main full bathroom with granite top double vanity & tile floor, 4 bedrooms including an enormous Primary bedroom with coffered ceiling, sitting area, fan, recessed lights, walk-in closet and 3/4 bathroom with a walk-in tiled shower, granite double vanity and tiled floor. 3 other bedrooms are all good size with ceiling fans and good closet space. Large lower level perfect for future expansion.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017