15 Strand St
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 14, 2023 | Sold | ||
| Sold | |||
| Oct 14, 2023 | In contract | - | |
| In contract | |||
| Oct 3, 2023 | Price Decreased |
$374,900
↓ $20K
(5.1%) | |
| Price Decreased | |||
| Sep 14, 2023 | Listed by Keller Williams South Watuppa | $394,900 | |
| Listed by Keller Williams South Watuppa | |||
| | |||
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Welcome to 15 Strand Street. Tucked away on a quiet tree lined lot, this 3 bedroom home offers a great yard, multiple updates and and a convenient location. In addition to the 3 bedrooms, the home also offers a small room great for an office, craft room or extra storage. Lots of big ticket items have been done in the recent years. Roof was replaced 1 1/2 years ago, heating system 1 1/2 years ago, kitchen appliances including washer/dryer less than a year old. Move in without the worries of major updates to be done. The outdoor space offers a small deck, fenced in yard and shed for yard tools, etc. This space could easily be converted to a private oasis, spot for entertaining and more.
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| Sep 7, 2023 | Delisted | - | |
| Delisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017