315 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 |
|---|---|---|---|
| Jun 15, 2023 | Sold | ||
| Sold | |||
| Apr 27, 2023 | In contract | - | |
| In contract | |||
| Apr 19, 2023 | Listed by Lyv Realty | $799,995 | |
| Listed by Lyv Realty | |||
| Feb 25, 2022 | Sold | ||
| Sold | |||
| Jan 11, 2022 | Listed by Suburban Lifestyle Real Estate | $589,900 | |
| Listed by Suburban Lifestyle Real Estate | |||
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Meticulous home located in a lovely setting just steps from the Danvers Rail Trail, Putnamville Reservoir, and a short distance to Connors Farm. This property offers a flexible floor plan and features a fireplaced living room, sunny dining area with a slider leading to the deck, an eat-in kitchen, 3-4 bedrooms and 1.5 baths. The lower level offers a family room with a new woodstove and brick hearth, a storage room, laundry area, and an office or 4th bedroom option. Attached Garage. Large lot. Recently updated red cedar clapboards, windows, and roof. Multiple heat zones. All appliances remain. Private yard with a deck and large storage shed. Offers are due by Tuesday, 1/18, at 12 Noon.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017