316 South Barre 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 |
|---|---|---|---|
| May 26, 2017 | Sold | ||
| Sold | |||
| Mar 30, 2017 | Listed by Millers River Real Estate | $119,000 | |
| Listed by Millers River Real Estate | |||
| Dec 23, 2016 | Sold | ||
| Sold | |||
| Nov 21, 2011 | Sold | ||
| Sold | |||
| Jul 1, 2011 | Listed by RE/MAX Prof Associates | $119,000 | |
| Listed by RE/MAX Prof Associates | |||
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Cute Cape with new furnace, interior paint, new flooring and some plumbing updates. Lots of potential here! This is a Fannie Mae Homepath Property. Purchase for as little as 3% down. This property is approved for Fannie Mae HomePath Mortgage and Renovation Mortgage Financing.***Close by October 31, 2011 and Fannie Mae will pay up to 3.5% of the purchase price toward closing costs PLUS a $1200 bonus to the buyer’s agent. Incentives are available for owner-occupants only***
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Address: 335 Madison Avenue, New York, NY 10017