1607 Central Ave
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 2, 2022 | Sold | ||
| Sold | |||
| Oct 23, 2022 | In contract | - | |
| In contract | |||
| Sep 28, 2022 | Listed by Keller Williams Realty | $2,499,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Unique architectural details, custom millwork with exceptional finish work throughout highlight this brand new home completed situated on an ACRE of land in an amazing location. Including first floor office, living room or study with built-ins, custom trim dining room, chef's kitchen with high-end Thermador appliances, separate wet bar area with beverage fridge and family room with fireplace and eat-in area that opens to an oversized patio. All Natural Gas home. Second floor with 4 oversized bedrooms including spacious Primary suite with walk-in closet and spa-like Primary Bath complete with oversized shower and soaking tub. Additional bonus space, closet and full bath round out the third floor. Spacious finished basement with bedroom, full bath ideal for an au pair suite, separate exercise room plus home theater or play room. Professionally landscaped on a flat oversized acre lot located in the coveted Needham location. Short distance to town center, train & major highways. MOVE IN!
| |||
| Jul 7, 2022 | No longer available | - | |
| No longer available | |||
| Jun 16, 2022 | Listed by Coldwell Banker Residential Brokerage - Needham | $2,799,000 | |
| Listed by Coldwell Banker Residential Brokerage - Needham | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017