228 West Street
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 |
|---|---|---|---|
| Jul 31, 2017 | Sold | ||
| Sold | |||
| Jun 9, 2017 | Listed by Bond Realty, Inc. | $499,900 | |
| Listed by Bond Realty, Inc. | |||
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This spacious Cape Cod style home has a beautiful front to back living room with a gas FP, formal dining room with a built in china cabinet, an over sized eat in kitchen that has additional seating at the peninsula and sliding doors to a composite deck over looking a lovely back yard. The large dining area in the kitchen can even be a first floor family room. The main level also offers a master bedroom with an attached full bathroom, the additional space between the kitchen and dining room could be used as an office or play room, a half bath and first floor laundry. The second level has two bedrooms and another full bath. The partially finished basement offers more living space with a play room and another room set up as a home gym. Walk to the commuter rail, bus, Reading town center, library and a local elementary and middle school. Many improvements through out this home.
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| Dec 16, 2013 | Sold | ||
| Sold | |||
| Nov 5, 2013 | Listed by William Raveis R.E. & Home Services | $455,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Sunny spacious Cape on the West Side has a fully updated open concept Kitchen/ Family room, with granite counters and new stainless appliances. Home was lovingly cared for by present owners who added first floor master bed room, master bath, family room and expanded the kitchen. Spacious rooms, hardwood floors and new windows throughout are just some of the updates. Surprise home office in lower level for work at home parent. Great space for the holidays and entertaining and just in time to hang the stockings.
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| Feb 12, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017