28 Stratton Avenue
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 23, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2024 | In contract | - | |
| In contract | |||
| Apr 24, 2024 | Listed by RE/MAX Opulent | $350,000 | |
| Listed by RE/MAX Opulent | |||
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Welcome to this cozy 3 bd 1.5 bath home with your own office space and a wood burning fireplace in family room. Hardwood floors on upper level. Two car garage or can be used for a shop and a paved driveway for additional parking. The home features a new furnace, water heater, roof, and asphalt driveway. Garage door was fixed/repaired. Located a couple of blocks from the Middle school and high school. Close to shops, transportation and entertainment.
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| Jan 3, 2018 | Sold | ||
| Sold | |||
| Aug 7, 2017 | Sold | ||
| Sold | |||
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About Mechanicstown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017