27 Michael 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 |
|---|---|---|---|
| Aug 28, 2025 | Sold | ||
| Sold | |||
| Jul 15, 2025 | In contract | - | |
| In contract | |||
| Jul 9, 2025 | Listed by Berkshire Hathaway HomeServices Realty Professionals | $300,000 | |
| Listed by Berkshire Hathaway HomeServices Realty Professionals | |||
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H&B by Mon 07/14 by 2pm. Welcome to 27 Michael St., located in one of the area's most desirable and quiet neighborhoods of Sixteen Acres and just minutes from the Wilbraham line. This one-level ranch offers an inviting eat-in kitchen, a spacious living room featuring a charming bay window, fireplace, and hardwood floors. The home includes three bedrooms, a full bath, and a partially finished basement—perfect for additional living space, a home office, or storage. Enjoy comfort year-round with a newer furnace (less than 10 years old) and Central Air for those hot summer days. Step outside to a large deck, ideal for relaxing or entertaining, and a large, flat fenced-in yard—perfect for all your summer activities. Conveniently located with easy access to major routes, shopping, and other local amenities, this home offers both comfort and convenience.
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| Apr 20, 2004 | Sold | ||
| Sold | |||
| Jan 28, 2004 | Listed by Carlson GMAC Real Estate | $138,500 | |
| Listed by Carlson GMAC Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017