128 Martin Rd
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 |
|---|---|---|---|
| Jul 12, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | Listed by S.C.E. Real Estate | $725,000 | |
| Listed by S.C.E. Real Estate | |||
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This home perfectly captures the classic charm of New England. Tucked away from the road, it offers a serene escape at the end of a long driveway. Featuring classic Cape-style architecture, the house presents a welcoming farmer's porch you've always dreamed of. Every aspect of this meticulously designed home is carefully considered. Enjoy the convenience of single-story living or contemplate expanding by completing the second floor, adding an additional approximate 1100 square feet. The unfinished walk-out basement with 10-foot ceilings provides ample space for future expansion as well. With three bedrooms and two and a half baths, this home highlights elegant oak flooring, solid wood doors and trim, and high-quality Anderson windows. Situated on just over 3 acres of land, the opportunities are limitless. Located one mile from downtown Douglas, near Douglas State Forest and Wallum Lake, with great proximity to Worcester, Providence and Boston.
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| Apr 19, 2005 | Sold | ||
| Sold | |||
| Oct 20, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017