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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 16, 2014 | Sold | ||
| Sold | |||
| Dec 8, 2013 | Listed by RE/MAX Advantage Real Estate | $397,800 | |
| Listed by RE/MAX Advantage Real Estate | |||
| Jul 22, 2010 | Listed by RE/MAX Advantage Real Estate | $378,000 | |
| Listed by RE/MAX Advantage Real Estate | |||
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Immaculate and remodeled three bedroom, 2.5 bath Cape with oak floors throughout. Fireplaced livingroom, master bath and new kitchen all combined with the three season porch overlooking fenced yard make this a wonderful home. Comfortable family room provides an additional 500 sf of living area. The unfinished second level is just waiting for completion. Public bus transportation available and the commuter rail station plus Rockport's famous beaches are nearby.
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| Mar 12, 2010 | Listed | $421,500 | |
| Listed | |||
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This home is deceptive and is not a drive by. Recent updates include: kitchen with granite counter tops, new hardwood floors and an en-suite master bath – 2nd floor is ready to be finished or lots and lots of storage. The location of this home might provide a new owner the ability to have a home based business: The finished basement could be used for a day care provider or home based office. No special permit required. Value based price $399,900 to $421,500.
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| Dec 30, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017