120 Paramount 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 |
|---|---|---|---|
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Mar 19, 2024 | In contract | - | |
| In contract | |||
| Mar 12, 2024 | Listed by Acuna Real Estate | $295,000 | |
| Listed by Acuna Real Estate | |||
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Hola! Welcome to 120 Paramount St! Built in 1989, this young ranch is conveniently located in East Springfield. Commuters will appreciate the easy access to highways and area amenities. This 3 bedroom property boasts an amazing main bedroom with private bathroom and 2 person jacuzzi tub. The heart of this home features a large kitchen with granite counters, custom cabinets, an island with seating and plenty of additional space for a dining table in front of the glass sliding door. Spacious living room and additional bonus space in the two finished rooms in the basement! Fenced in yard with deck and oversized shed with electricity and double doors for easy storage. Central air! Gas heat, gas hot water, circuit breakers, washer and dryer hookups.
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| Jul 9, 2017 | Listed | $174,900 | |
| Listed | |||
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Newer ranch in sought after East Springfield neighborhood. Everything in this house is done for you! There are 3 bedrooms on the first floor (1 currently being used as an office) all with closet organizers and ceiling fans. The master suite has to be seen to be appreciated! It is truly a sanctuary. The master bath has a 2-person Jacuzzi tub and shower decorated so tastefully you will feel like you're at the spa. Kitchen with granite, stainless steel, custom plate, wine, and glass rack, beautiful center island separates the kitchen from the open dining room with French doors leading out to the 12 x14 trex deck where you can relax and enjoy the privacy of your fenced in backyard. There is also a custom built patio with built in fire-pit. Huge 12 x 24 shed with electricity! New roof in 2014, new furnace in 2016, central air, sprinkler system, 700 sq ft of additional finished living space in the basement with wall to wall carpeting. TOO MUCH to list - don't wait...this one won't last! The manager has listed the unit size as 1432 square feet.
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| Apr 7, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017