1600 Central 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 |
|---|---|---|---|
| Nov 15, 2018 | Sold | ||
| Sold | |||
| Aug 9, 2018 | Listed by Coldwell Banker Realty - Wellesley | $1,629,000 | |
| Listed by Coldwell Banker Realty - Wellesley | |||
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This exceptional new construction colonial is proudly set on a beautiful serene one acre lot. Offering all of the features that you would expect in a luxury new construction home including four finished levels of living space. Gourmet chef's kitchen, finished in quartz and marble, complete with a tiled back-splash, gas cooking, beverage center, pot filler and a stainless steel Viking appliance package. Open two-story foyer. Formal dining room enhanced with a tray ceiling. Open family room boasts a cofferred ceiling, gas fireplace with custom mantle, built-ins, and granite surround. Impressive attention to detail can be found throughout including crown moldings, wainscoting, hardwood floors, and finished custom closets. First floor study. Master suite with marble bath and extraordinary walk-in closets. Fully finished third floor offers a flexible bonus room and half bath. Finished lower level includes game room and half bath. Large tiled mudroom with custom built-ins.
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| Nov 30, 2017 | Sold | ||
| Sold | |||
| Jul 20, 2017 | Sold | ||
| Sold | |||
| Sep 15, 2016 | Listed by Louise Condon Realty | $675,000 | |
| Listed by Louise Condon Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017