285 New Boston Rd
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 |
|---|---|---|---|
| Jul 30, 2021 | Sold | ||
| Sold | |||
| May 28, 2021 | Listed by Sullivan & Company Real Estate, Inc. | $249,900 | |
| Listed by Sullivan & Company Real Estate, Inc. | |||
| Sep 28, 2012 | Sold | ||
| Sold | |||
| May 31, 2012 | Listed by Sullivan & Company Real Estate, Inc. | $123,500 | |
| Listed by Sullivan & Company Real Estate, Inc. | |||
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Ranch home on a large 1.01 acre semi wooded lot. This 5 room 3 bedroom 1 bath home would make a prefect starter home. Put in some sweat equity and this home will shine. Easy access to highways makes this a great commuter location. Large deck overlooks a private yard and is ideal for entertaining. Full walk out basement adds to the potential for expansion. Title 5 certificate in hand.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017