3 Reading Ave
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 |
|---|---|---|---|
| Jun 17, 2024 | Sold | ||
| Sold | |||
| Apr 24, 2024 | Listed by ERA Key Realty Services | $799,900 | |
| Listed by ERA Key Realty Services | |||
| | |||
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Amazing Colonial located on a dead end street! Enjoy evenings sitting on the front farmers porch. Raised panel cherry kitchen cabinets with granite countertops, large center island with seating,pendant lighting, and pantry cabinet. Dining area with sliders to private composite deck is wide open to spacious living room. First floor half bath. Master bedroom suite with ceiling fan, walk in closet and private bath with double sinks. 2 additonal bedrooms plus main bath with laundry. Wide open basement ready to be finished for future family room, home office, or another bedroom. Hardwood throughout, Central air, and town sewer. Convenient to MBTA, shopping, Silver Lake and all Wilmington has to offer. Open Houses Saturday April 27 and Sunday April 28 11 to 1!
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| Jul 9, 2015 | Sold | ||
| Sold | |||
| May 1, 2015 | Listed by ERA Key Realty Services | $489,900 | |
| Listed by ERA Key Realty Services | |||
| Jan 6, 2015 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017