1062 Main St.
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 |
|---|---|---|---|
| Aug 5, 2024 | Sold | ||
| Sold | |||
| Jun 4, 2024 | Price Decreased |
$1,299,000
↓ $99K
(7.1%) | |
| Price Decreased | |||
| May 21, 2024 | Price Decreased |
$1,397,500
↓ $98K
(6.5%) | |
| Price Decreased | |||
| May 7, 2024 | Listed by William Raveis R.E. & Home Services | $1,495,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Welcome to the Julian C. Loring House. This expanded Antique Cape, built in 1846 during the Greek Revival period, has been meticulously updated and maintained inside and out. With 2654 SF of living space (1928 SF on the main level ), 4 beautiful bedrms (2 on main level), front to back living rm with FP, updated kitchen/granite counters, stainless steel appliances, wide pine flooring, classic dinning rm w/period built ins. breakfast nook w/triple windows & separate pantry with built-ins this home has everything today's buyer is looking for. The home also offers a cobblestone front walkway leading to gracious 8'x 7' flared roof front porch, 9'x 28' screened in farmers porch (great for watching the evening sunset), 2 story barn (1723) is perfect for additional space, workshop, hobbies or extra storage. This home is situated perfectly on a 1.16 acre of fenced in land (abutting Julian way sub-div.) with patio overlooking magnificent grounds and trees, convenient to shopping, schools & Rt 3.
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| Oct 22, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017