38 Carmody 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 |
|---|---|---|---|
| Jan 10, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 2, 2025 | In contract | - | |
| In contract | |||
| Dec 17, 2024 | Listed by BKaye Realty | $485,000 | |
| Listed by BKaye Realty | |||
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This is the house you've been looking for!!! Perfect sized home on very large corner, double lot in town near the East Longmeadow line. Soooo many features in this house. You have a great open 1st floor featuring lots of light, a home office with a separate entrance and half bath, large two car garage and eat in kitchen. Up just a few stairs you'll find three very nice sized bedrooms and bath with a bath. The master looks like two bedrooms put together. Down a few steps from the kitchen is another play area, two more bedrooms and bathroom. Down a few more steps and you'll find even more finished space to use however you'd like. Outside you'll find an absolutely enormous lot of all grass and large patio ready for all your entertaining needs. On top of all this you also get solar panels and a Tesla power wall which powers the house every night like a generator so you don't use electricity from the grid. At this price the house won't last long.
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| Aug 24, 2017 | Sold | ||
| Sold | |||
| Jun 17, 2017 | Listed by Coldwell Banker Residential Brokerage - Longmeadow | $315,550 | |
| Listed by Coldwell Banker Residential Brokerage - Longmeadow | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017