375 Water 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 |
|---|---|---|---|
| Feb 6, 2019 | Sold | ||
| Sold | |||
| Nov 15, 2018 | Listed by Redfin Corp. | $550,000 | |
| Listed by Redfin Corp. | |||
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A country like setting only a short distance from Boston with easy access to all that Wakefield has to offer including vibrant downtown, commuter rail and the popular Lake Quannapowitt. This cape boasts loads of space with two bedrooms and full baths on both of the main levels offering endless possibilities and a flexible floor plan. The first floor features large living room w/ fireplace, open kitchen/ dining area and enclosed rear porch. The second floor has two huge bedrooms both with walk in closets. An open landing area at the top of the stairs is perfect for a home office. All of this sits on a level two plus acre lot with endless possibilities. The two car garage is over sized and includes an attached workshop area which would be great for a car enthusiast, anyone in need of a work area or just extra space with electricity to explore their hobbies. The walk out lower level has a shower, enclosed media room with fireplace and plenty of room for expansion or extra living space.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017