38 Lower Mass Avenue
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 |
|---|---|---|---|
| Aug 27, 2019 | Sold | ||
| Sold | |||
| Jul 25, 2019 | Listed by Class Realty, Inc. | $449,900 | |
| Listed by Class Realty, Inc. | |||
| Apr 7, 2010 | Listed by Class Realty, Inc. | $449,000 | |
| Listed by Class Realty, Inc. | |||
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Beautiful new colonial located in a convenient location minutes away from major routes. Interior features include hardwood floors on the first floor and in the second-floor hallway, and carpeting in the bedrooms, a wood-burning fireplace, maple wood kitchen cabinets with granite stone countertops, a large master bedroom suite with a marble-floored master bedroom, and 9-foot ceilings in the basement. Most of the basement is finished. Wonderful opportunity to own a new home.
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| Mar 31, 2006 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017