11
Map
1085 Main Street
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 |
|---|---|---|---|
| Oct 16, 2026 | Listed by Aspen Realty Group | $255,000 | |
| Listed by Aspen Realty Group | |||
| Dec 10, 2024 | Sold | ||
| Sold | |||
| Nov 9, 2024 | In contract | - | |
| In contract | |||
| Oct 25, 2024 | Price Decreased |
$269,900
↓ $19K
(6.6%) | |
| Price Decreased | |||
| Oct 3, 2024 | Listed by ERA Blanchard & Rossetto | $289,000 | |
| Listed by ERA Blanchard & Rossetto | |||
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Welcome to 1085 Main Street Coventry, CT! This home was built around 1869 is loaded with all the character you'd expect to find in an antique home! What you might not expect to find are all of these recent updates: new 50 year roof installed 2022 and outbuildings 2024, chimney repointed and new cap installed 2022, new furnace, oil tank and hot water heater 2021, new windows on main and 2nd floor in 2020, new porch decking and posts 2020 and a new Quadrafire wood stove and chimney in 2011! In addition to the above improvements, these owners have spent countless hours establishing gorgeous perennial gardens with native plants that are pesticide free. These gardens are on the Pollinator Pathway! The tasteful upgrades to the interior kept the charm of this home which you will see in the updated eat-in-kitchen with wood backsplash, new countertop and cabinets. The large living room has a gas log fireplace. The den with Quadrafire wood stove, is currently used as a dining area. There is a mudroom & full bath on the main level. All 3 bedrooms are on the upper level. The storage closet that runs along the side wall of the primary bedroom could become a bathroom. The walk out lower level is home to the laundry room, 2 other multipurpose rooms and the mechanicals. There are 2 heat sources in this home- oil fired furnace & the woodstove which has a cooktop (incase you lose power). The current owners prefer to heat with wood and use the furnace as back up, saving lots of money!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017