309 Balcom 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 |
|---|---|---|---|
| Mar 29, 2021 | Sold | ||
| Sold | |||
| Feb 9, 2021 | Listed by NextHome Signature Realty | $549,900 | |
| Listed by NextHome Signature Realty | |||
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This sprawling 3-level ranch nestled in the heart of W. Mansfield has been renovated w/the utmost care from top to bottom. Flexible floorplan offers 3 beds/2.5 baths on main + second floors, w/additional office, laundry + game room on walkout lower level. Upper levels have HW floors. Unique opportunity for au pair, in-law or Master suite in current great room, featuring bamboo floors, closet space galore, its own wet bar, and 2 bathrooms! Loaded with power, 3yo kitchen + appliances, brand new water heater, 6yo roof, 10yo central air, & radiant heated floors in 2 newer baths. Dreamy 16x20 screen porch perfect for summer sunsets & al fresco dining has insulated floors, custom cabinetry & lighting, Italian granite, Bose speakers, and ceiling fan. You'll also find a pergola, concrete patio, stone firepit, & creative custom storage on this private, wooded, nearly 3/4 acre lot. New 3-bed septic to be installed prior to closing. You've got to see this to appreciate it!
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| Oct 27, 2020 | No longer available | - | |
| No longer available | |||
| Oct 7, 2020 | Price Decreased |
$589,000
↓ $30K
(4.9%) | |
| Price Decreased | |||
| Sep 15, 2020 | Listed | $619,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017