303 Main St
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 9, 2016 | Sold | ||
| Sold | |||
| Jul 5, 2016 | Listed by RE/MAX 360 | $450,000 | |
| Listed by RE/MAX 360 | |||
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This adorable Mansard-roofed Colonial is a peculiar specimen among Winthrop real estate inventory. Well preserved exterior architectural characteristics were enhanced with modern interior features. Property went through a gut renovation in 1995, re-wired/upgraded electric, insulation added, floor plan re-designed to fit the modern life needs, added bathrooms on each floors, central air, laundry on main floor, enlarged closets etc. Property continued to be improved by current owner with love and pride who brought it close to perfection. Attention all Multi-generational / growing families: lower level is finished, offering over 400 sq. ft suite heated and cooled on a separate zone, with full bathroom & kitchenette. This will accommodate an adolescent looking for privacy or an aging parent who will be under your gentle supervision yet live independently. Over-sized fenced in yard, large driveway & lovely porch to sit & enjoy the ocean breeze.
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| May 1, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017