38 Back Bay Ct.
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 |
|---|---|---|---|
| May 26, 2017 | Sold | ||
| Sold | |||
| Apr 27, 2017 | Listed by Decroteau Realty | $589,000 | |
| Listed by Decroteau Realty | |||
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Beautifully developed PRD. New England timber framed farmhouse constructed single family. One bedroom but could be 4. This property is situated on 10,000+- s.f. with additional 33,000 s.f. land available. This highly unique property's open concept design allows unlimited uses of its 2352 s.f. living space. Yours to design into additional bedrooms or exciting relaxation areas. Owner developed all the best quality available in its stone fireplace construction, Anderson windows, wood floors, plaster finish, Hardi siding. Room for the extended family that includes second laundry, kitchen and bath.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017