121 Washington Street
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 |
|---|---|---|---|
| Jun 22, 2022 | Sold | ||
| Sold | |||
| Mar 30, 2022 | Listed by BHHS Vermont Realty Group/Montpelier | $89,500 | |
| Listed by BHHS Vermont Realty Group/Montpelier | |||
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Although the exterior of the house needs repair and paint, there have been considerable updates completed on the inside in the past 20 years. Lots of electric updates, mostly new windows, except maybe 2 or 3. The oil furnace was just recently replaced. Oil tank passed inspection. Hardwood flooring in living room. First floor bedroom, full bath and laundry hookups. Two upstairs bedrooms separated by a center hallway. Both upstairs bedroom has a floor grate that allows heat distribution from downstairs. Please watch your step! Attached 2-bay barn with electricity has room for a workshop. Mudroom entry off the driveway has an upstairs storage space. Although much work has been completed, there are still plenty of projects for you to complete and personalize at will. Please do not walk on ceiling above the 2 garage bays. Flashing on chimney needs patching and flashing repair. Easement in favor of neighbor off Liberty Street for parking. Security cameras currently on site that have an audio feature, for people viewing the premises. These will be excluded from the sale.
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| Jun 26, 2017 | Sold | ||
| Sold | |||
| Apr 14, 2017 | Listed by KW Vermont | $38,000 | |
| Listed by KW Vermont | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017