122 Florence Ave
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 18, 2024 | Sold | ||
| Sold | |||
| May 8, 2024 | Listed by Senne | $995,000 | |
| Listed by Senne | |||
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Wonderful neighborhood awaits! One block from the Dallin school and Florence Ave Park, close to RT 2, the Heights, Bike Trail and the "T" bus to Alewife and Harvard. With a touch of the "old" and the advantages of the "new", this architect owned and renovated 6/3/1.5 Bungalow features a newer addition, kitchen and covered deck. The second floor shows off with an updated bath and the newer Main Bedroom. A fun and useful addition to the other two bedrooms is the added lofts. Lower level has a spacious den/workout room Full house A/C, and solar panels (seller owned) complement the craftmanship evident in the original home. Attractively priced, this should be the first home on your list to see.
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| Mar 30, 1987 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017