1519 Eastern Ave.
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 19, 2024 | Sold | ||
| Sold | |||
| Jun 1, 2024 | Listed by Robert Klemm RE Broker | $699,900 | |
| Listed by Robert Klemm RE Broker | |||
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Welcome to this meticulously maintained colonial. Step on to the classic covered farmers porch and into the main entrance featuring 9 foot uniquely designed tin ceiling, ceramic tile floor, and grand staircase leading to upper level. Be greeted by an abundance of natural light streaming through large windows and gleaming hardwood floors throughout. First floor boasts formal dining room, spacious kitchen featuring 6 1/2 foot peninsula and a generous amount of cabinet space. Front to back living room with fireplace and full ceramic tile bath. Upper level hosts 4 large bedrooms, bonus room for office and a full size ceramic tile bath with jacuzzi tub. Basement has ample room for storage, dual zoned gas heat and hot water heaters as well as washer dryer hook ups. Fenced in property includes paved driveway with parking for 4 cars and an expansive backyard deck. Property is protected by a security system and close to public transportation. Open House cancelled as Offer has been accepted.
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| Oct 12, 2022 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 20, 2022 | Price Decreased |
$719,900
↓ $20K
(2.7%) | |
| Price Decreased | |||
| Aug 19, 2022 | Listed by Robert Klemm RE Broker | $739,900 | |
| Listed by Robert Klemm RE Broker | |||
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Although taxed and listed as a two family, this property is currently being used as a single family by current occupants. Each floor is separately metered with gas and electric utilities. Meticulously maintained, stately Mansard Colonial featuring gleaming hardwood floors throughout. Modern kitchen and bath with ceramic tile floor. Spacious rooms boast nine-foot ceilings with recessed lighting. Jacuzzi tub in second floor bathroom. Fireplace in living room with solid marble mantel.Fenced in property with large back deck, front farmer’s porch, and landscaping to enjoy in the good weather. Property is protected by security system. Commuter friendly, conveniently located near public bus transportation to Boston, Blue Line Train Station, Orange Line Train Station, Rte. 1, Tobin Bridge and Logan Airport. Close to schools and bike trail. Awesome opportunity for the savvy do-it-yourself contractor to expand your portfolio or generate income revenue property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017