309 Locust 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 10, 2010 | Sold | ||
| Sold | |||
| Jul 6, 2010 | Listed by Coldwell Banker Residential Brokerage - Beverly | $230,000 | |
| Listed by Coldwell Banker Residential Brokerage - Beverly | |||
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Great location! Lot has a ranch with full basement that could be renovated or torn down to build your dream home! See MLS # 71071874.
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| Apr 26, 2010 | Listed by Coldwell Banker Realty - Beverly | $230,000 | |
| Listed by Coldwell Banker Realty - Beverly | |||
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Ranch home with full basement in prime location near reservoir and Choate Farm conservation area. Set back from the street on a large wooded lot this property has endless possibilities! Home does need major upgrades but the lot and location makes it a great investment!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017