37 Michael 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 |
|---|---|---|---|
| Oct 17, 2024 | Sold | ||
| Sold | |||
| Sep 11, 2024 | In contract | - | |
| In contract | |||
| Aug 13, 2024 | Price Decreased |
$859,999
↓ $1
(0%) | |
| Price Decreased | |||
| Jun 19, 2024 | Price Decreased |
$860,000
↓ $35K
(3.9%) | |
| Price Decreased | |||
| May 30, 2024 | Listed by Redfin Corp. | $895,000 | |
| Listed by Redfin Corp. | |||
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Welcome to this beautiful Colonial nestled on a quiet cul-de-sac, offering ultimate privacy! This spacious home features 3 bedrooms and 3 baths. The eat-in kitchen boasts Corian countertops and recessed lighting, opening to an enormous fireplaced great room with vaulted ceilings and a glass slider to the deck. The first floor also includes a formal dining room, living room, a home office or 4th bedroom, a half bath with laundry, and newly refinished oak floors. Upstairs, find 3 spacious bedrooms and 2 full baths, including a fireplaced primary suite with a walk-in closet. Enjoy hardwood floors, a finished basement , and an oversized 2-car garage. Professionally landscaped yard with a sprinkler system . Conveniently located near a golf course, schools, shopping, and major highways for an easy commute to Boston!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017