31 Ballardvale Rd
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, 2013 | Sold | ||
| Sold | |||
| Dec 6, 2012 | Listed by RE/MAX Partners | $370,000 | |
| Listed by RE/MAX Partners | |||
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Multiple offer notification submit highest & best by 5pm Sunday 12/9/ Excellent chance for a developer to purchase and renovate or home seeker to make repairs/renovations and earn equity. Lots of hardwood! 2 Fireplaces! Salt water inground pool! Many unique features. Master suite w/dressing room. Lots of space for family to spread out in. All terms are subject to 3rd party approval. See attached mandatory documents.Buyer to be responsible for smoke/carbon cert & $5000.00 shortsale fee at closin
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| Feb 21, 1991 | Sold | ||
| Sold | |||
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