151 Providence Highway
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 |
|---|---|---|---|
| Oct 14, 2025 | Sold | ||
| Sold | |||
| Dec 31, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Nov 21, 2024 | Listed by Advisors Living - Wellesley | $350,000 | |
| Listed by Advisors Living - Wellesley | |||
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Calling all investors, contractors and rehab addicts. This home is most likely a tear down or a total gut rehab. The oil tank needs to be repaired or replaced and may have leaked oil, it was inspected and there was no report of contamination. The heating system is believed to not be functioning and is not in use. The sale is subject to Court approval, closing date within thirty (30) days after Commissioner can deliver premises vacant. Access for an inspection of interior premises may be restricted. Access to the interior of the home is limited to open houses.. Any personal contents left in the house at closing are included in the sale.
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| Nov 1, 2022 | No longer available | - | |
| No longer available | |||
| Jun 6, 2022 | Listed by LAER Realty Partners | $449,000 | |
| Listed by LAER Realty Partners | |||
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This cape features great accessibility to major routes such as Rt. 1, Rt. 95, & Rt. 128 as well as close proximity to Legacy Place and University Station T. DO NOT LET THIS HOME DECEIVE YOU FROM THE OUTSIDE! THE OPPORTUNITIES ARE ENDLESS HERE! LISTING WILL BE UPDATED ONCE OCCUPANTS ARE OUT
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017