1 Ready Ave
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 |
|---|---|---|---|
| May 29, 2024 | Sold | ||
| Sold | |||
| Apr 18, 2024 | Listed by Eugenios Arfanakis, Broker | $325,000 | |
| Listed by Eugenios Arfanakis, Broker | |||
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Discover the potential of this delightful single-family home, conveniently located just minutes from the bustling campus of UMass Lowell. This residence offers an exceptional opportunity for homeowners looking to customize their living space or investors aiming to capitalize on the area's appeal to students and faculty alike. This home features durable vinyl siding, ensuring low maintenance and lasting curb appeal. Additionally, it is equipped with solar panels that promise significant savings on energy bills and contribute to a smaller environmental footprint. Adequate off-street parking removes worry and eases the daily routine, a rare find in such a close proximity to a major university. Whether you're looking to create your dream home or seeking an investment near UMass Lowell, this property offers both the location and the potential to achieve great returns. Bring your vision and transform this house! Showings on Sat April 20th from 2-4pm and Sun April 21st from 1-3pm
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017