307 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 |
|---|---|---|---|
| Nov 16, 2021 | Sold | ||
| Sold | |||
| Oct 1, 2021 | Listed by DCU Realty - Marlboro | $374,900 | |
| Listed by DCU Realty - Marlboro | |||
| Oct 30, 2020 | Sold | ||
| Sold | |||
| Jan 9, 2020 | Listed by Colliers International | $150,000 | |
| Listed by Colliers International | |||
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5 apartment units. • All properties are being offered on an “as-is” basis. • Offers under the stated Appraised Value will NOT be considered at this time. • All Offers must be submitted with a 5% purchase deposit. • All Offers must be submitted with a financing commitment letter or proof of funds letter if buyer is purchasing a property or properties on an “all cash” basis. • Certain surplus properties at the AUC site are presently receiving some utilities from the existing Power Plant on the AUC site that provides steam for heating, hot water and electricity to tenants. A “wind-down” plan must be developed at the site which will allow all dependent properties to connect to other utility providers such as National Grid. • All sales are subject to the preparation of a site survey that complies with current zoning laws and to the approval of the Seller.
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| Jun 24, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017