218 Vernon St #2
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 24, 2008 | Sold | ||
| Sold | |||
| Jul 8, 2008 | Listed by Premiere Realty Group | $64,900 | |
| Listed by Premiere Realty Group | |||
| | |||
|
Attention investors - Some updates done. Good commuter location! Seller has never lived in home and has no information regarding its condition or history. Contracts must be returned w/in 48 hours from receipt or seller will cancel. Buyer or buyer agent to complete all due diligence to buyer's satisfaction.Buyers MUST be accompanied by their agent at all times.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/14/2023
| |
9 Bed
|
3 Bath
|
3198 ft²
|
$685,000
9 Bed
3 Bath
3198 ft²
|
$685,000
01/18/2024
|
Alycia Fernandes
RE-Connect, LLC
|
|
11/13/2008
|
3 Bed
|
1 Bath
|
1000 ft²
|
$29,900
3 Bed
1 Bath
1000 ft²
|
$24,000
-19.73%
01/20/2009
|
Van Khanh Nguyen
Coldwell Banker Realty - Worcester
| |
|
07/28/2008
|
3 Bed
|
1 Bath
|
1000 ft²
|
$18,900
3 Bed
1 Bath
1000 ft²
|
$22,000
+16.40%
10/28/2008
|
Jason Bibeau
Premiere Realty Group
| |
|
07/08/2008
|
3 Bed
|
1 Bath
|
1062 ft²
|
$64,900
3 Bed
1 Bath
1062 ft²
|
$22,000
-66.10%
12/24/2008
|
Jason Bibeau
Premiere Realty Group
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017