247 Park 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 |
|---|---|---|---|
| Dec 27, 2022 | Sold | ||
| Sold | |||
| Nov 9, 2022 | In contract | - | |
| In contract | |||
| Nov 2, 2022 | Listed by Leading Edge Real Estate | $695,000 | |
| Listed by Leading Edge Real Estate | |||
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Your own private Oasis! Stunning landscaping, an inground pool and private backyard setting will make you the envy of the neighborhood. Entertaining is a breeze in the fantastic kitchen featuring an oversized island with custom butcher block, granite countertops, stainless steel appliances and an open concept kitchen/dining area. The hub of this home was made for socializing. Find a coveted mudroom just off the kitchen, ideal for snowy boots in the winter and pool gear in the summer. A first-floor bedroom and fireplaced living room round out the main living level while two generous size bedrooms and a full bath complete the second floor. Need even more space? The basement is just waiting to be finished with framing in place and a pellet stove to keep you toasty this winter. Located steps to the Ipswich River Park and minutes to Main Street you can enjoy the best of both worlds. Don't miss your chance to call this lovely cape home. Offers due Tuesday, November 8th at 12:00 PM.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017