116 Central Avenue
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 |
|---|---|---|---|
| May 28, 2024 | Sold | ||
| Sold | |||
| Apr 24, 2024 | Listed by Keller Williams Realty North Central | $445,700 | |
| Listed by Keller Williams Realty North Central | |||
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This is your chance to buy a 3 bedroom home in Ayer. This house which features a mansard style roof has an enormous living room which is large enough for a separate dining area. The kitchen is large enough for a table. There is a full bathroom on each floor, newer roof (5-6 years old).,blower replaced 2 years ago, a wonderful stone fireplace which has been used and was last cleaned 2022, and porches and deck for your enjoyment. A large yard features many perennials. This house has nearby highway access and a downtown area with many restaurants. There is a town park and T service available. DON'T MISS THIS ONE!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017