329 Main Street
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 |
|---|---|---|---|
| Nov 16, 2023 | Sold | ||
| Sold | |||
| Sep 28, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 27, 2023 | In contract | - | |
| In contract | |||
| Sep 5, 2023 | Listed by Wachusett Real Estate | $280,000 | |
| Listed by Wachusett Real Estate | |||
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*****CASH OR REHAB ONLY **** Loan is assumable upon a qualified buyer FHA 20% down, at the rate of 5%*** 3 bed 2 bath home situated right off the main road. Many exciting updates - brand new kitchen with gorgeous backsplash and new garbage disposal, new recessed lighting and new flooring on the first floor. Rebuilt furnace, brand new oil tank. Lally columns and support beams installed. All bedrooms are on the second floor, The entire second floor needs extensive cosmetic updates. The primary bedroom is extremely spacious and includes laundry hookups for quick and easy access. The backyard is flat and usable right in time for those summer bbq’s. This is a great opportunity to turn a property into a home! Since photos were taken the toilets have since then been removed. Sold as is
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| Sep 2, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017