31 Longfellow 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 |
|---|---|---|---|
| Jun 13, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | Listed by Belmont Homes Realty | $1,050,000 | |
| Listed by Belmont Homes Realty | |||
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This is the home you've been waiting for! Situated on one of Watertowns' prettiest streets. Cherished and well maintained by the same family for almost 50 years. This charming 9 room Colonial features high ceilings, natural wood work and period details. Featuring a large front to back living room with built in book cases and new gas fireplace, a formal dining room with china cupboard and a well equipped kitchen with SS appliances, built in desk and counter seating. A half bath, cozy family room and home office are also on the main level. Upstairs are 4 sunny corner bedrooms with newly sanded floors, full bath, linen closet and a walk up attic with expansion potential. Recent improvements include a new roof, 2021 Navien gas heating, AC and replacement windows. A two car garage, professionally maintained landscape with irrigation are added features. Just in time to enjoy your private rear yard with patio and new power shade. A Stroll to public transportation, this home has it all!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017