26 Rimmon Ave
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 |
|---|---|---|---|
| Apr 22, 2022 | Sold | ||
| Sold | |||
| Feb 21, 2022 | Listed by Sears Real Estate, Inc. | $229,000 | |
| Listed by Sears Real Estate, Inc. | |||
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This Old-Style Colonial is located just up from the Atwater neighborhood & is on the Springfield/Chicopee line. The Chicopee line goes right through the house (see attached GIS maps). 2021 taxes & assessments have been added together, however, taxes are paid to both Springfield and Chicopee. City water is paid to Chicopee & City sewer is paid to Springfield. As per Chicopee School Department, property is eligible for owner to enroll their children in Chicopee Public Schools if they so chose. House has Architectural Style Roof, 2 Heating Zones with Central Air, Hot Water is Tankless, Replacement Windows, Remodeled Kitchen & Bathroom (Bathroom has shower stall only no tub), Sprinkler System, Fire pit patio in back side yard, private fenced in back yard with Vinyl Fencing. Toilet off Kitchen. Needs cosmetic work. Property being sold in AS IS condition. Property will not pass FHA. Buyer responsible for smoke & carbon monoxide detectors & certificate from City of Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017