22 Converse Ave
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 |
|---|---|---|---|
| Nov 20, 2024 | Sold | ||
| Sold | |||
| Oct 10, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | Relisted | $1,675,000 | |
| Relisted | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Listed by Centre Realty Group | $1,675,000 | |
| Listed by Centre Realty Group | |||
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Welcome to 22 Converse Ave, a spacious 4-bedroom brick, colonial home. This property offers a perfect balance of comfort and convenience, with 2 full baths and 2 half baths, ideal for modern living. On the left as you enter the front hall, you will be delighted with the grand piano sized living room and adjacent sunroom/family room. On the right is a separate dining room and a bistro -style kitchen w/ new SS appliances & double windows overlooking the pastoral backyard. The expansive main bedroom provides potential to add an ensuite bath/walk-in closet. The full basement has walk-out access to the rear yard. Additional features are a 2-car garage, gas heating, hot water/cooking + 3rd floor teen suite or au pair. For commuters, express buses 504 & 505 provide a quick route to downtown Boston. Property offers easy access to Boston College, Cambridge, and Route 90. Located near the Cabot, Bigelow, & North schools, this home is a fantastic opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017