126 Butternut Ln
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 |
|---|---|---|---|
| Aug 19, 2016 | Sold | ||
| Sold | |||
| May 11, 2016 | Listed by Barrett, Chris. J., REALTORS® | $349,900 | |
| Listed by Barrett, Chris. J., REALTORS® | |||
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Highly sought after West Methuen Neighborhood! Meticulously Maintained, 9 Room, 4 Bedroom (possible 5th bedroom) Cape. Large 2 stall attached garage! Finished Lower Level with a separate exterior entrance through the Mud room attached to the garage (built 2010). Enclosed Porch/Sun room leading out to a large covered Deck. First Floor Laundry. Hardwood Floors and Vinyl Windows! Nicely landscaped 1/2 acre Large level yard! Oversize paved driveway leading into a Large 2 Stall attached Garage! Central Air Condition! Convenient to all major highways and shopping.
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Address: 335 Madison Avenue, New York, NY 10017