242 Central 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 |
|---|---|---|---|
| Oct 30, 2024 | Sold | ||
| Sold | |||
| Sep 6, 2024 | In contract | - | |
| In contract | |||
| Sep 3, 2024 | Price Decreased |
$399,900
↓ $50K
(11.1%) | |
| Price Decreased | |||
| Aug 13, 2024 | Price Decreased |
$449,900
↓ $20K
(4.3%) | |
| Price Decreased | |||
| Jul 21, 2024 | Listed by Ownit a Real Estate Firm | $469,900 | |
| Listed by Ownit a Real Estate Firm | |||
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Seller is happy to announce a price improvement for this home, now listed at $399,900, thanks to your very important feedback! Seller is thrilled to offer this incredible opportunity to own a single family home of this size in Auburn. At this price point it will not last long! This is your chance to own an Early American Colonial! As it stands it is a testament to the craftsmanship and ingenuity of those who built it. Of course, an old house is not without its challenges, but for those who are willing to put in the effort, an old house can be a rewarding and fulfilling home. This is a wonderful opportunity to own this 4 bedroom, 2.5 bath single family home located in the desirable town of Auburn! 1st floor bedroom with 3 additional bedrooms on 2nd floor (w/ option for a 5th bedroom) Home features newer plumbing, newer electrical on 2nd floor, newer well water pump, hardwood floors and wall-to-wall carpeting in all bedrooms on 2nd floor.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017