1112 Boston 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 |
|---|---|---|---|
| Jul 1, 2024 | Sold | ||
| Sold | |||
| Jun 6, 2024 | Listed by Brenda Cuoco & Associates Real Estate Brokerage | $189,000 | |
| Listed by Brenda Cuoco & Associates Real Estate Brokerage | |||
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Investors, business owners, and families all take notice. This multi-use property is perfect for all, whether it be an office, a home, or a rental, this property won't last long. The spacious living room flows right into the massive kitchen. A little TLC will take this home to the next level. The first floor also holds two bedrooms and a full bath. On the second floor, you find plenty of storage along with wall-to-wall carpet in the third bedroom. Centrally located among many businesses and neighborhoods, this is the perfect spot. Don't miss your opportunity to grab this gem and we will see you at the closing!***Highest and best deadline Monday 6/10 6:00 pm.***
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| Nov 17, 2022 | No longer available | - | |
| No longer available | |||
| Oct 7, 2022 | Price Decreased |
$179,000
↓ $20K
(10.1%) | |
| Price Decreased | |||
| Aug 16, 2022 | Listed by Samuel D. Plotkin & Associates | $199,000 | |
| Listed by Samuel D. Plotkin & Associates | |||
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Investors take notice.Check out this residential investment opportunity located on Boston Road in Springfield.This modestly priced Cape features 3 bedrooms, a partially finished basement, detached 1 car garage,fenced in lot, and is situated in an easy access area. The home is occupied by a long term tenant who would like to remain.The property provides a steady income without much risk. The price and location make this a great deal. Hurry.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017