138 12th 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 |
|---|---|---|---|
| Nov 26, 2024 | Sold | ||
| Sold | |||
| Oct 29, 2024 | Listed by Home & Ranch Real Estate | $175,000 | |
| Listed by Home & Ranch Real Estate | |||
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Looking for the perfect Vacation Rental? What about a Fancy Fishing Cabin?!! Just 2 Miles from Lake Somerville Access at Welch Park!! This Charming, Historic 2 bedroom, 1 bath home is centrally located in the Heart of Somerville. The home was completely remodeled in 2021, including roof, A/C and water heater. You will LOVE the large kitchen that opens up to the living space! Quartz counter tops and newer appliances! Don't miss out on this one, it won't last long!
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| Jan 13, 2022 | Sold | ||
| Sold | |||
| Dec 3, 2021 | Listed by Oro Realty | $165,000 | |
| Listed by Oro Realty | |||
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Completely renovated home in the heart of Somerville city limits! This house features 2 beds, 1 bath with a modern open concept kitchen/living room combo. Located on a great corner lot just minutes away from lake Somerville.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017