3025 Boston Drive
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 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 4, 2020 | In contract | - | |
| In contract | |||
| Jul 15, 2020 | Price Decreased |
$499,900
↓ $29K
(5.5%) | |
| Price Decreased | |||
| Jun 23, 2020 | Price Decreased |
$529,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| May 12, 2020 | Listed | $539,000 | |
| Listed | |||
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Who wants to live in the desirable Hancock Park neighborhood! Location is key! It has its own neighborhood park where everyone gathers to visit and play. Right around the corner is Bidwell Park, schools and shopping. The open floor plan makes this home light and bright. On cool nights you can curl up on the sofa in front of the fireplace and watch the rain come down through the sliding glass door. The kitchen is spacious and has miles of counter space! (Buyer to verify, lol) There is a convenient pass-through to the family room that can be used as a sit-up bar. The master suite has ample room for a sitting area and king size bed. The large walk-in closet is to be envied. Your master bath has both a soaking tub and walk-in shower along with dual sink vanity and separate water closet where you can sit and look out the window. All joking aside you will love the spaciousness of this home including the large laundry room and additional storage above the garage. The landscaping has mature trees and the backyard is inviting in the shade of the afternoon with its big patio where you can barbecue or just sit in a lawn chair and sip iced tea. Solar is leased through Vivint to keep your bills at a minimum. The manager has listed the unit size as 2020 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017