29 Ardsmoor Road
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 |
|---|---|---|---|
| Oct 1, 2024 | Sold | ||
| Sold | |||
| Aug 30, 2024 | In contract | - | |
| In contract | |||
| Aug 22, 2024 | Listed by Brad Hutchinson Real Estate | $879,900 | |
| Listed by Brad Hutchinson Real Estate | |||
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Very hard to find classic center entrance colonial set on beautiful level lot of land located in the desired upper east side of Melrose. Front to back livingroom with fireplace that walks out to a 16 x 10 porch area. Formal diningroom has built in china cabinet, chair rails and crown moldings. Kitchen has pantry closet, eating area and two built in corner cabinets. Primary bedroom has a 3/4 bath and a large walk in closet. Hardwood flooring through out. Second stairwell off kitchen leads to a room w/ 3 closets over the garage that could be a 4th bedroom, playroom or a large office. Front to back space in LL with 2nd fireplace could be a family room. Replacement windows on first floor. Weil McLain gold boiler newer tank. Older HW tank and 200 Amp circuit breakers. This home is need of some updates but it is truly a diamond in the rough. Don't miss your opportunity to own a great home in a great neighborhood. Offers if any due by 5:00 in one email due on or before August 27, 2024
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| Sep 18, 1975 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017