141 Ipswich 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 |
|---|---|---|---|
| Feb 19, 2025 | Sold | ||
| Sold | |||
| Feb 5, 2025 | In contract | - | |
| In contract | |||
| Jan 22, 2025 | Listed by Keller Williams Realty Evolution | $650,000 | |
| Listed by Keller Williams Realty Evolution | |||
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Large 5-bedroom colonial with private backyard in search of a facelift! This graceful home has an eat-in kitchen, front-to-back living room with fireplace, formal dining room, large family room with fireplace and built-ins and a half bath on the main floor. Sliders from the family room open to a brick patio and screened porch overlooking the private backyard. The second level has 4 bedrooms and 2 full baths. The mid-level over the garage has a living suite that includes a bedroom, kitchenette and living/dining room with sliders to a private deck. The lot is over an acre and backs on conservation land. Great bones, but needs extensive renovation/repair and will not qualify for standard financing. Septic has not been tested and will be the responsibility of the buyer. Town water, 200amp service, solar hot water tank. Being sold AS IS--buyer to do their own due diligence.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017