1640 Commonwealth Boulevard
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 |
|---|---|---|---|
| Sep 19, 2024 | Sold | ||
| Sold | |||
| Aug 23, 2024 | In contract | - | |
| In contract | |||
| Aug 2, 2024 | Relisted | $499,000 | |
| Relisted | |||
| Jul 11, 2024 | In contract | - | |
| In contract | |||
| Jun 10, 2024 | Listed by Keller Williams Realty Monmouth/Ocean | $499,000 | |
| Listed by Keller Williams Realty Monmouth/Ocean | |||
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*** FULLY RENOVATED RANCH *** 3 BEDROOMS 2 FULL BATHROOMS *** OPEN LAYOUT *** FRONT AND SIDE ENTRANCE *** BIG DINING AND LIVING ROOM *** BRAND NEW KITCHEN WITH QUARTZ COUNTERTOPS AND STAINLESS STEEL APPLIANCES *** SPOT LIGHTS THROUGHOUT HOUSE *** NEW VINYL FLOORING WHOLE FIRST FLOOR *** BRAND NEW HVAC SYSTEM *** GAS HEAT NOT OIL *** FULLY FENCED LARGE BACKYARD WITH BIG DECK *** WHOLE HOUSE FRESHLY PAINTED *** VERY CLEAN UNFINISHED BASEMENT WITH OPTION TO FINISH ***
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017