24 Wayside Rd
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 |
|---|---|---|---|
| Dec 30, 2024 | Sold | ||
| Sold | |||
| Nov 17, 2024 | In contract | - | |
| In contract | |||
| Nov 7, 2024 | Listed by J. Borstell Real Estate, Inc. | $799,900 | |
| Listed by J. Borstell Real Estate, Inc. | |||
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IN-LAW offering a versatile layout, ideal for multigenerational living. Both units are independent of one another with separate driveways, entrances, and gas + electric. The "owner's unit" features a spacious kitchen that opens to a large dining room, as well as a full bath and a generously sized living room with hardwood floors. Upstairs, you'll find five spacious bedrooms, two full baths, an office, and a family room. The finished lower level offers additional space with a bonus room. The IN-LAW includes a living room with vaulted ceilings, a large bedroom, a well-appointed eat-in kitchen, and a full bath with laundry. Enjoy the benefit of the solar panels! Conveniently located near Route 93 and close to Tewksbury’s shops, restaurants, and other amenities, this home offers both comfort and convenience for multiple living arrangements.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017