296 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 |
|---|---|---|---|
| Apr 2, 2024 | Sold | ||
| Sold | |||
| Jan 23, 2024 | In contract | - | |
| In contract | |||
| Jan 18, 2024 | Listed by MRM Associates | $750,000 | |
| Listed by MRM Associates | |||
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Rare opportunity to own this lovely berm home that is nestled into the natural landscape. The combination of architecture, owned solar with Tesla storage batteries, & the forest behind that protects from weather & sound, reflects a commitment to energy efficiency and low cost living. The interior spaces are bright & airy, with large windows, sliders & skylights strategically placed to maximize natural light, solar heat, and a quiet seamless connection to the surrounding landscape. The open concept first floor allows site lines & transition from Living room to kitchen to dining area. There is a first floor primary bed & updated bath, a second bedroom/office, another updated bath, storage are & a mudroom to complete the first floor. The second floor has a second access from outside, a media room for optimal screen viewing, a large multi-function room & a third bedroom with full bath. The oversized 2 floor 2-4 car garage has heat. Multiple fruit trees, & gardens add to sustainability.
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| Sep 3, 2019 | Sold | ||
| Sold | |||
| Apr 23, 2019 | Listed by MRM Associates | $549,900 | |
| Listed by MRM Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017