308 IPSWICH LN
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 |
|---|---|---|---|
| Mar 25, 2024 | Sold | ||
| Sold | |||
| Feb 20, 2024 | In contract | - | |
| In contract | |||
| Feb 9, 2024 | Listed by RE/MAX Preferred - Mullica Hill | $270,000 | |
| Listed by RE/MAX Preferred - Mullica Hill | |||
| Jul 29, 2022 | Sold | ||
| Sold | |||
| Jun 22, 2022 | Listed by Century 21 Rauh & Johns | $200,000 | |
| Listed by Century 21 Rauh & Johns | |||
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Check out this Newbury Farms ranch! Spacious living room with laminate flooring, kitchen has ceramic tile, upgraded counter tops. island and whitewash back splash! Stacked front loading washer and dryer included. Tasteful neutral decor and fresh paint is throughout the home. New electric panel, light fixtures and ceiling fans in every room. Large corner lot with a great shed and fenced in back yard for children and/or pets! (Fence as-is) The refrigerator will be replaced with another stainless one! There is nothing to do here but move right in! ***All offers due Monday 6/27 at noon!****
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017