35 Welcome 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 |
|---|---|---|---|
| Nov 2, 2017 | Sold | ||
| Sold | |||
| Dec 20, 2016 | Sold | ||
| Sold | |||
| Feb 2, 2016 | Listed by Century 21 Signature Properties | $399,900 | |
| Listed by Century 21 Signature Properties | |||
| Sep 11, 2012 | Listed by RE/MAX Vantage | $115,000 | |
| Listed by RE/MAX Vantage | |||
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"Mariner Estates" is a well-valued Community convenient to beaches, shopping, parks, schools, restaurants, golf, marinas, bike path, recreation fields and commuting. Lot 8 is the largest parcel (1.67 acres) with town approvals. Buyers to obtain house site approval and utilities tie-in from the town. It is situated along the Massachusetts south coast with access to Boston, Providence, Newport, Cape Cod and the Islands with ferry service. Town water/sewer, natural gas, electric, cable provided at lot.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017