2 Presby Place
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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 12, 2025 | Sold | ||
| Sold | |||
| Mar 7, 2025 | In contract | - | |
| In contract | |||
| Feb 26, 2025 | Listed | $539,000 | |
| Listed | |||
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Single Family buyers, excellent opportunity!! (Investors take note: strong ROI) Turn-key, well updated, attached single family home in a great location. 3 floors of living space including lower walk out level w/ its own entrance, patio, full bathroom, bedroom, & kitchen plumbing making easy conversion to an ADU apartment or separate in-law. New windows (2024), New Navien tankless hot water (2024), New kitchen, New bathrooms, recessed lighting thru out, New flooring, & 200 amp electrical service with 2 separate 100 amp meters (lower level has its own 100 amp meter for the savvy investor). Excellent location: Easy to live, easy to rent: Just off Blue Hill ave., Walkable to NorthEastern, BU Medical Center, Tufts Dental, South Bay Center, and more. Property is currently occupied with tenants below market for $3,750/mo but will be delivered Vacant June 1. Current rental market value is estimated around $4,500.
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| Oct 8, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 6, 2024 | Withdrawn | - | |
| Withdrawn | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017