38 Addison 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 |
|---|---|---|---|
| Dec 4, 2024 | Sold | ||
| Sold | |||
| Oct 17, 2024 | In contract | - | |
| In contract | |||
| Oct 2, 2024 | Listed by Keller Williams Realty Evolution | $599,900 | |
| Listed by Keller Williams Realty Evolution | |||
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East Lynn: 7 Rm. 4 bedroom Colonial which has been lovingly enjoyed and maintained by the same family for over 50 years. A Farmer's Porch invites you into the foyer which leads to the living room, dining room, half bath and eat in kitchen. The second level features 4 rooms, bath and entrance to walk up attic. There are hardwood floors through out and a deck off the kitchen. The 2 car detached garage affords plenty of off street parking. There are many amenities near this home which includes shopping, the beach and train into Boston. This home awaits your personal touch.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017