197 Winthrop Street
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 |
|---|---|---|---|
| Jun 5, 2024 | Sold | ||
| Sold | |||
| Apr 20, 2024 | Relisted | $229,000 | |
| Relisted | |||
| Mar 27, 2024 | In contract | - | |
| In contract | |||
| Mar 5, 2024 | Listed by Highland Real Estate Group | $499,900 | |
| Listed by Highland Real Estate Group | |||
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2 Single Family homes on 1 lot with main house consisting of a 2 bedrooms and a den that could double as a 3rd bedroom plus a detached 1 bedroom single family located behind it with its own separate driveway. Ample parking for up to 10 cars. Both homes are completely remodeled with new electrical, plumbing, roofs, flooring and new kitchens and baths with granite counters and stainless steel appliances. Main house has ice and water dispenser in frig and a dishwasher and second house has a brand new heating system. Spacious yard with newly seeded lawn and rand new 3 bedroom septic system. Nothing to do but move in and enjoy these great properties.
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| Jun 21, 2021 | Sold | ||
| Sold | |||
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