111 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 |
|---|---|---|---|
| Nov 21, 2023 | Sold | ||
| Sold | |||
| Sep 11, 2023 | In contract | - | |
| In contract | |||
| Jun 28, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 28, 2023 | Listed by Coldwell Banker Realty - Western MA | $359,900 | |
| Listed by Coldwell Banker Realty - Western MA | |||
| | |||
|
Unique and spacious home located in the heart of Westfield. Could be converted into a 3 family with added egress from second floor units. Walking distance to downtown, Cross Street playground abuts the back of the property. Zoned Residential C - this property is large enough to have up to 10 units - Developers opportunity - possible conversion or multi family possiblity. Make your appointment today
| |||
| Jun 6, 2023 | Price Decreased |
$369,900
↓ $10K
(2.6%) | |
| Price Decreased | |||
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Address: 335 Madison Avenue, New York, NY 10017