23 Dorset St
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 |
|---|---|---|---|
| Aug 25, 2021 | Sold | ||
| Sold | |||
| Jul 29, 2020 | Listed by SR Commercial Realty | $170,000 | |
| Listed by SR Commercial Realty | |||
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Unique opportunity to own a commercially zoned house with a detached shop/warehouse. The main dwelling features four bedrooms/offices, a kitchen, open first floor living space, a full bath, and walk-up attic. The rear building was formerly a machine shop with a full basement and two car garage. Furnace, A/C, and hot water heater in main dwelling are newer. The adjacent retail buildings (9-15 Dorset Street and 885-887 Sumner Avenue, MLS #: 72541867) are also available for sale. Also listed as commercial (MLS #: 72699823). Buyer to verify zoning/use with city and lender.
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| Dec 6, 2013 | Sold | ||
| Sold | |||
| Mar 14, 2013 | Listed by Coldwell Banker Residential Brokerage - Longmeadow | $89,900 | |
| Listed by Coldwell Banker Residential Brokerage - Longmeadow | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017