1286 Massasso 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 |
|---|---|---|---|
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Listed | $399,900 | |
| Listed | |||
| | |||
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Looking for a little acreage? This home sits on 1.9 acres just inside the city limits. The 3 bed/2.5 bath home has a huge greatroom, island kitchen that looks out on the greatroom, a large formal dining area, separate office and large indoor laundry. The home does need a cosmetic facelift but at this price you can afford to make it your own. With the open floor plan, vaulted ceilings, floor to ceiling fireplace wall this one could be transformed into a real showplace. There is a huge pool with vinyl liner, mature trees, huge drive to park your RV and other recreational vehicles. Potential for small subdivision development at the rear of the property. A great buy at this price. The manager has listed the unit size as 2058 square feet.
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| Jul 12, 2019 | Sold | ||
| Sold | |||
| Mar 5, 2019 | Listed by Century 21 Salvadori Realty | $399,900 | |
| Listed by Century 21 Salvadori Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017