242 Austin Road
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 |
|---|---|---|---|
| Apr 12, 2022 | Sold | ||
| Sold | |||
| Mar 7, 2022 | Sold | ||
| Sold | |||
| Oct 17, 2021 | Listed by Sheridan Residential Group LLC | $499,000 | |
| Listed by Sheridan Residential Group LLC | |||
| Apr 10, 2020 | No longer available | - | |
| No longer available | |||
| Mar 9, 2020 | Listed by Sheridan Residential Group LLC | $460,000 | |
| Listed by Sheridan Residential Group LLC | |||
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Warm & Welcoming Cape Cod with custom mother/daughter apartment layout. Main home features an open floor plan with 3 bedrooms, 2 baths, Florida room with radiant heated floors as well as family room & formal dining room with wood burning fireplaces. the 1st floor master bedroom has walk-in closet and updated bathroom.The star of this home is the custom cherry wood kitchen with sub zero range and refrigerator. 2 oil tanks and 2 newer oil burners.... Oversized garage/workshop can accommodate up to 5 vehicles. Lake/ Beach rights to Lake MacGregor. The manager has listed the unit size as 2728 square feet.
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About Putnam
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$7,950 /mo
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$4,800 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017