138 Island 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 8, 2024 | Sold | ||
| Sold | |||
| May 2, 2024 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $699,900 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Nestled on a 1.74 acre lot, this picturesque Cape, situated on a dead end road, abuts conservation land and hiking trails. Cross the covered porch and step into the desirable and spacious mudroom. The adjacent vaulted family room, with a cozy gas stove, opens to a generous deck and hot tub that overlook the level backyard and fire pit. The adjoining white kitchen boasts Corian counters and peninsula with a breakfast bar, and seamlessly transitions into the sun-filled dining room. The living room is enhanced by a bay window and a fireplace with a pellet stove insert. The first-floor bedroom offers flexibility as it is being used as an office. The half bath/laundry rounds out the first level. Upstairs, the primary retreat features two closets and a luxurious spa-like bathroom with a double vanity, tiled shower, and desirable soaker tub. Two additional bedrooms and a second full bath complete the level. The lower level showcases custom built-ins. ~2 miles to Roche Bros & ~5 miles to MBTA.
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| Jan 26, 2017 | Sold | ||
| Sold | |||
| Nov 1, 2016 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $499,900 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017