271 Connecticut 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 |
|---|---|---|---|
| Sep 20, 2024 | Sold | ||
| Sold | |||
| Aug 26, 2024 | In contract | - | |
| In contract | |||
| Aug 15, 2024 | Listed by Coldwell Banker Realty - Western MA | $285,000 | |
| Listed by Coldwell Banker Realty - Western MA | |||
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Welcome home to this well improved Ranch style home located on an oversized corner lot, fully fenced with an A/G pool, deck, storage shed and ample room to play! Take advantage of single level living with an updated kitchen featuring butcher block counter tops, tile backsplash, stainless steel appliances, dining area and sliders to the yard. Enjoy a large living room centered around the cozy wood burning fireplace. Three bedrooms feature hardwood floors and the primary bedroom offers a large closet and ceiling fan. The main living level is completed by an updated full bath and storage spaces found in the central hall. Additional space is found in the partially finished basement - awaiting your finishing touch - as well as a laundry room with set-tub, storage room and utility room. This home is light, bright, on point with today's esthetics, and provides several improvements; As well as an unusually large yard, conveniently located near major roadways, parks, schools, shopping and more!
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| May 26, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017