244L Washington 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 24, 2022 | Sold | ||
| Sold | |||
| Sep 27, 2022 | In contract | - | |
| In contract | |||
| Sep 27, 2022 | Relisted | $524,000 | |
| Relisted | |||
| Jul 21, 2022 | Listed by Bel Air Properties | $524,000 | |
| Listed by Bel Air Properties | |||
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A prime location next to the train, major highways, local shops, restaurants, Legacy Place, and University Station is a great spot to live in Westwood. Currently, there is a 1-level, two-bedroom, one-bath bungalow with an eat-in kitchen, living room, sunroom, unfinished walkout basement, and large backyard residing on the site. The home has hardwood floors, some replaced windows, central air, new roof, and heating. Enjoy this home as you develop your building plans. The opportunities at 244 Washington St are extensive! Visit this property over the weekend.
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| Jun 23, 2022 | Listed by Best Deal Realty, LLC | $524,000 | |
| Listed by Best Deal Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017