291 S Broadway
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 25, 2024 | Sold | ||
| Sold | |||
| Jun 24, 2024 | In contract | - | |
| In contract | |||
| Jun 13, 2024 | Listed by Realty One Group Nest | $534,900 | |
| Listed by Realty One Group Nest | |||
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Great opportunity in South Lawrence! This oversized Colonial home, in a commercial zone, has great potential as a two unit dwelling*. It offers 2 levels of living area with 10 rooms, 5 bedrooms, 2 full baths, ample living room, comfortable formal dining room, spacious eat-in kitchen, pantry, laundry area, convenient closet spaces, front and back staircases, and boasts a new roof, updated electrical, and newly refinished hardwood floors in the oversized den. The garage houses a vehicle and much more with its additional storage room and the generous basement supplies all your other safekeeping needs. Located conveniently on Route 28 within close proximity to the Robert Frost School, Spark Academy Middle School, the Willoughby School, parks, shopping, and lots of dining options with easy highway access to I495. Don't wait - schedule your showing today! *Buyer/Buyer Agent to do due diligence.
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| Nov 1, 1999 | Sold | ||
| Sold | |||
| Jul 28, 1999 | Listed by Realty One Group Nest | $134,900 | |
| Listed by Realty One Group Nest | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017