29 Chapin Avenue #1
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 21, 2020 | Sold | ||
| Sold | |||
| Oct 1, 2019 | Listed by Premier Realty Group, Inc. | $799,900 | |
| Listed by Premier Realty Group, Inc. | |||
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NEW CONSTRUCTION townhomes built by MBA Building Group located in the heart of Reading, one of the North Shore's top towns to live in. This home boasts everything today's buyers are looking for with close proximity to commuter rail, shops and restaurants. With over 3,000 square feet of living space you will find 3 bedrooms, 2 full baths,1 half bath, and garage. Open concept living/dining area with large kitchen. Central air and hardwood floors. Master bedroom en suite with walk-in closet and master bath. Finished lower level and third floor offer additional living areas for home office, entertaining, or hobbies. Completely fenced in yard. You can always expect exceptional quality and craftsmanship when built by MBA builders. Vacant and easy to show!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017