3281 Boston 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 |
|---|---|---|---|
| Apr 17, 2023 | No longer available | - | |
| No longer available | |||
| Feb 26, 2023 | Price Decreased |
$199,999
↓ $25K
(11.1%) | |
| Price Decreased | |||
| Feb 4, 2023 | Price Decreased |
$224,900
↓ $25K
(10%) | |
| Price Decreased | |||
| Jan 16, 2023 | Listed by A. S. Northeast Realty, LLC | $249,900 | |
| Listed by A. S. Northeast Realty, LLC | |||
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This house was built in 1760. This antique house needs work but already has a newer private artesian well and tank, a newer hot water tank and a newer propane force air heat. It also has Circuit breakers and some newer windows. Septic works but will not pass title 5 and Roof does not currently leak but could use replacement soon. Best for handy man/contractor and or investor. Bring your ideas to bring this Antique home back to life. Easy to show. Motivated Seller!
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| Nov 8, 2022 | Sold | ||
| Sold | |||
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