361 West 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 |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Aug 30, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Listed by Coldwell Banker Realty - Western MA | $179,000 | |
| Listed by Coldwell Banker Realty - Western MA | |||
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Investors/rehab professionals take notice. This home is in need of some repair BUT will shine again! Some features include: Location; close to town amenities, built in 1983, 3 bedrooms with a large kitchen & living room. A walk out basement is open and ready to finish. Attached 1 car garage. Buyer is responsible for smoke & CO certificate inspection. May not be suitable for FHA or VA financing. Seller has never lived on premises.TO SUBMIT AN OFFER SEE ATTACHED RFP FORM, FROM THE LUDLOW HOUSING AUTHORITY, TO BE COMPLETED IN FULL. DEADLINE ON ALL BIDS is 10:00 AM August 27, 2024
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017