2 Messinia Drive
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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Nov 9, 2024 | In contract | - | |
| In contract | |||
| Sep 11, 2024 | Listed by Coldwell Banker Realty - Andover | $1,299,000 | |
| Listed by Coldwell Banker Realty - Andover | |||
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Expanded custom Colonial lovingly maintained by its long-time owners! This home sits in a wonderful cul-de-sac neighborhood. Expect thoughtful updates in this 5 bedroom/3.5 bath home. Updated kitchen with pantry, Crown Point cabinets, quartz countertops, and stainless-steel appliances. Kitchen opens to a great room with cathedral ceiling surrounded by windows. Large fireplaced dining room. Living room and office provide separate spaces for work or quiet relaxation. Family room connects first floor garage to mudroom and kitchen. Second floor primary suite boasts a cathedral ceiling PLUS a sitting room, loft, two walk-in closets, and personal deck. Primary bathroom has a whirlpool tub and large glass door steam shower. Additional 4 bedrooms are well sized and share 2 full bathrooms. Other features include hardwood floors throughout, second floor laundry, basement playroom, and enormous walk-up attic. Mature landscaping provides privacy on this flat corner lot. Sidewalk to commuter rail.
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| Nov 27, 1991 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017