161 Verge
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 |
|---|---|---|---|
| Feb 2, 2026 | No longer available | - | |
| No longer available | |||
| Oct 3, 2025 | Sold | ||
| Sold | |||
| Sep 6, 2025 | In contract | - | |
| In contract | |||
| Aug 18, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Aug 18, 2025 | Listed by Salzberg Real Estate | $299,999 | |
| Listed by Salzberg Real Estate | |||
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Charming Cape with traditional features and a great floor plan. Home has plenty of space for everyone to relax, entertain or work from home. Charming fireplaces, wood floors, finished basement and gorgeous fenced yard. The curved front door and the many different nooks and crannies highlight the craftsmanship that this custom built home offers. There are plenty of opportunities for building your equity with this home and the two car garage with an additional room which could potentially become an ADU (accessory dwelling unit) to offer even further living space. Included in the sale is the adjacent BUlLDABLE Lot w/assessed value of 42980.The electric panel has been updated, chimney repaired and beautiful new fence installed. So many possibilities with this sale. This home is selling AS-IS but is certainly ready for new ownership and build on the opportunities that this fantastic home provides. Convenient location near shopping highways and borders the towns Ludlow and Wilbraham
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017