22 Mechanic Place
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%.
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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 |
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| Jul 26, 2024 | Sold | ||
| Sold | |||
| Jun 25, 2024 | In contract | - | |
| In contract | |||
| Jun 13, 2024 | Listed by Austin Realty Group | $669,900 | |
| Listed by Austin Realty Group | |||
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Classic traditional Colonial on a beautiful 40,100 SF lot. Built in 1998, the kitchen is fully applianced and has beautiful hardwood floors, pantry and breakfast bar for all the informal family meals. Formal dining room and fireplaced family room offer ample space for entertaining. French doors give privacy for more intimate dining options. 2nd level has 3 bedrooms, full bath. The finished LL has expanded areas for office, playroom or 4th bedroom, full bath and laundry room. Generator provides service for the whole house. Town sewer and town water. The Helen Keller Elementary School is one of two consolidated elementary schools in Franklin. The property is only a 5 minute drive and only 2 miles to the school. Franklin is a town with many innovative technology companies. Dean College is centrally located in Franklin and attracts many students from all over the country. Only a short distance from route 495 makes an easy commute from both North and South shore locations.
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| Sep 8, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $439,900 | |
| Listed | |||
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Introducing A fresh new look to this beautiful colonial, which sits on a thickly wooded, private lot at the end of a dead end street. The freshly painted deck w/awning, overlooks a spacious back yard decorated w/fragrant, colorful flower beds, a brick wall and a 12x18 shed. The majority of the interior has been freshly painted and all carpets have been shampooed. Gleaming hardwood flooring throughout the kitchen, hall & dining room. Large eat-in kitchen has pantry, peninsula & eating area. Formal dining room has chair rail molding & french doors leading to the formal living room, which could also be used as an office. The finished basement offers an additional full bathroom, an open area which could be used as a den or playroom and two additional rooms with closets. The second floor has master w/walk-in closet and single closet. The main bath is a California bath with entry from the master & the hall. The home is wired for a whole house generator. Town water, town sewer!The manager has listed the unit size as 1632 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017