38 Bourne 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 |
|---|---|---|---|
| Dec 31, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | Listed by J. Pelissier Real Estate | $144,987 | |
| Listed by J. Pelissier Real Estate | |||
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Travel down Bourne St to find this wonderful home tucked away on an oversized fenced in lot in a very convenient location. This charming colonial features vinyl siding, a newer roof and some newer vinyl windows. You must see the oversized three car garage offering plenty of space for your vehicles plus additional room for storage or a workshop. This home is set up as a two family but a wall was removed between the two units for single family use. Use it as an extra large single family with in-law potential, or put the wall back up for two family use. Conveniently located to all major routes, schools and shopping... this is in town living at it's best. Put your finishing touches on this house to make it your home!!!
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| Jul 20, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017