256 Washington Avenue
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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%.
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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.
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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 |
|---|---|---|---|
| Jul 20, 2018 | Sold | ||
| Sold | |||
| Mar 7, 2018 | Listed by COLDWELL BANKER REALTY | $310,000 | |
| Listed by COLDWELL BANKER REALTY | |||
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Charming and well maintained historic colonial. Living room and dining room are highlighted by a picturesque bay window, hardwood floors and crown molding. The kitchen has newer appliances and counter tops, laminate floor and a pantry. Three spacious bedrooms with crown molding and a full bath on the 2nd floor. Partially finished basement for extra living space. Tank less hot water heater, 1 year old furnace. Roof was replaced in 2011. Park like backyard with two large patios, a pergola, a shed with power. The location of this property is desirable with the transportation center only 1.5 miles away and the train stations within 3 miles.
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| Sep 2, 2017 | Listed | $320,000 | |
| Listed | |||
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Town meets Country in this charming colonial! From the well-kept hardwood floors, to the formal dining room, eat-in kitchen and custom trim work, you're sure to fall in love with this 3 bedroom, 1.5 bath home. It's conveniently located in the heart of Milltown, with easy access to EVERYWHERE (including a 3 mile ride to the train)! A full, partially finished basement, and park-like backyard that extends 200 feet deep puts the icing on the cake. Add to that a newer roof, central air with newer condenser, tankless hot water heater, remodeled kitchen and a GREAT PRICE, etc, etc... what are you waiting for! See it today, before it's too late.
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About Milltown
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Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21808761
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017