31 Independence 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 |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Oct 19, 2024 | In contract | - | |
| In contract | |||
| Oct 3, 2024 | Listed by Realty Executives Boston West | $1,150,000 | |
| Listed by Realty Executives Boston West | |||
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This beautiful colonial is located in a very desirable neighborhood conveniently located just minutes from highway access and the commuter train. The owners were nice enough to rejuvenate the whole house just for you! Freshly painted with new hardware and fixtures. Refinished wood flooring and brand new hardwood floors throughout the 2nd floor and kitchen. Your dream kitchen has freshly painted cabinets, center island, tile backsplash, quartz counters, stainless steel appliances and opens to the family room with gas fireplace and nice big windows to let in all that natural light! The formal dining and living room are wide open to each other. Home office with french doors. All this with 9' ceilings! The 2nd floor has a huge main bedroom with sitting room, walk-in closet, and full bath with double sinks and soaking tub. 2nd floor laundry room and 3 more spacious bedrooms. About 1300 sqft in the finished basement with new vinyl flooring. Brand new paito! Roof 2010 and HVAC in 2019.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017