11 Craig Rd
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 30, 2024 | Sold | ||
| Sold | |||
| Jul 20, 2024 | In contract | - | |
| In contract | |||
| Jul 11, 2024 | Listed by Coldwell Banker Realty - Worcester | $375,000 | |
| Listed by Coldwell Banker Realty - Worcester | |||
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This property is a three-bedroom cape with an additional office space, summer kitchen, dinning room, living room and a full bathroom. Property has a fieldstone foundation with concrete floor. It is conveniently located in a prime area. The spacious living room boasts a charming fieldstone fireplace, while the entire house is adorned with hardwood flooring. While this home requires some renovation and personal touch, it has great potential to become a stunning waterfront residence. The fairly flat lot offers breathtaking views of the picturesque north basin of Hamilton Reservoir, a full recreational lake. Subject to licensed to sell.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017