33 Narragansett Ave
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 3, 2026 | Sold | ||
| Sold | |||
| Feb 16, 2026 | In contract | - | |
| In contract | |||
| Feb 10, 2026 | Price Decreased |
$350,000
↓ $25K
(6.7%) | |
| Price Decreased | |||
| Feb 4, 2026 | Price Decreased |
$375,000
↓ $25K
(6.3%) | |
| Price Decreased | |||
| Jan 16, 2026 | Listed by Medeiros & Associates Real Estate | $400,000 | |
| Listed by Medeiros & Associates Real Estate | |||
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A diamond in the rough, great Fairhaven location close to all conviniences, shopping, restaurants, beaches, short drive to Cape Cod and easy access to RT 195 and so much more. House has great potential in an area of nice homes with public water and sewer, newer gas furnace and hot water heater. Nige level corner lot with expansion possibilities. Lot with garage ( needs work) and a utility shed great potential for expansion. Won`t qualify for FHA or VA financing. Contact listing agent for more information and showing appointment.
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