22 Massachusetts Avenue
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 |
|---|---|---|---|
| Oct 31, 2019 | Sold | ||
| Sold | |||
| Aug 1, 2019 | Listed by The Virtual Realty Group | $399,900 | |
| Listed by The Virtual Realty Group | |||
| | |||
|
Spacious Gambrel with great living space and lots of storage. 3 brs 1.5 bath with a garage under tucked away in a neighborhood at Nutting Lake. Seasonal water views and just short walk to the beach. Easy for commuters whether by car, train, bus or even if you had to get to Logan Airport. At this great price, you'll have to do some updating but it's worth it! The house will qualify for most mortgages. Great opportunity for everyone. Get your pre-approvals ready and we'll see you soon.
| |||
| Feb 27, 2009 | Sold | ||
| Sold | |||
| Jan 22, 2009 | Listed by Woods Real Estate | $310,000 | |
| Listed by Woods Real Estate | |||
| Nov 25, 1998 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017