246 Bancroft Avenue
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 |
|---|---|---|---|
| Jan 15, 2019 | Sold | ||
| Sold | |||
| Nov 7, 2018 | Listed by Century 21 Advance Realty | $559,900 | |
| Listed by Century 21 Advance Realty | |||
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Fantastic Opportunity to Own in the desirable BIRCH MEADOW AREA OF READING! This WONDERFUL HOME is located very close to SCHOOLS, PARKS, MAJOR TRANSPORTATION ROUTES and ONLY MINUTES FROM THE TOWN CENTER AND COMMUTER RAIL. All this and located at the end of a dead end street! A SPACIOUS AND OPEN FIRST FLOOR AREA greets you as you walk in the front door and sets the tone for your future entertaining needs while GLEAMING HARDWOOD FLOORING flows throughout the main living area and the 3 upstairs bedrooms. GARAGE, DECK OFF KITCHEN AREA, STORAGE SHED AND FENCED-IN YARD as well!
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| Oct 30, 2008 | Sold | ||
| Sold | |||
| Jul 7, 2008 | Listed by Payson Realty | $389,900 | |
| Listed by Payson Realty | |||
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Wonderful home in much sought after Birch Meadow Neighborhood. If you enjoy outdoor activities this is the location for you. Close to elementry, middle and high schools. A short distance to the train station and recently updated YMCA. Open House Sunday 9/21/08 1:30-3:00
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017