31 Eastern Ave
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 |
|---|---|---|---|
| Oct 26, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $400,000 | |
| Listed | |||
| | |||
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This classic, colonial with charm to spare(!) in an oh so convenient location, welcomes you the moment you view the front door framed by New Englands golden cod. This is a home for romantics. The large fireplace in the living room and the screened in porch overlooking the lush, green, large back yard speak to those who cherish family & friends sharing food, drink & conversation.The porch welcomes rocking chair moments and summer al fresco dining alike! The 1st floor offers a fireplaced living rm, a formal dining rm with a built in hutch, an eat in kitchen, half bath with laundry (yeah!) and a room ideal for an office or family rm. The 2nd fl boasts a full bath, the master bed rm and a possible 4th bedrm. The 3rd fl hosts 2 bedrms. This ideal location is a dream for rt.128 commuters, Good Harbor Beach lovers and anyone that covets easy access to our delicious downtown restaurants and cafes. Don't let the historic 1850 placard fool you; boiler, hot water heater and roof are 5 years old.The manager has listed the unit size as 1429 square feet.
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| Jun 14, 2017 | Listed by RE/MAX Advantage Real Estate | $400,000 | |
| Listed by RE/MAX Advantage Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017