24 Monadnock Drive
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 30, 2024 | Sold | ||
| Sold | |||
| Sep 19, 2024 | In contract | - | |
| In contract | |||
| Aug 25, 2024 | Listed by RE/MAX Vision | $595,000 | |
| Listed by RE/MAX Vision | |||
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One owner quality built and lovingly cared for home. Spectacular opportunity to have almost 2000 square feet of living space on one level in a great location. Bring your ideas and vision to enhance this home with spacious rooms, hardwood floors, open kitchen with dining area while the formal dining room is perfect as a fourth bedroom if needed. The living room with a wall of glass overlooks the front yard and is accented with an open concept brick fireplace. The family room located at the rear of the house and the game room located in the lower level both feature a brick wood burning fireplace. The rear yard offers privacy without isolation and a patio enhanced with an outdoor fourth fireplace. Built to impress in 1956 with a true approach to modern living. Easy access to I-290, route 9 and the UMASS Medical campus from this location.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017