38 Menotomy Rd #2
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 |
|---|---|---|---|
| Jul 29, 2022 | Sold | ||
| Sold | |||
| Jun 24, 2022 | Listed by RE/MAX Destiny | $845,000 | |
| Listed by RE/MAX Destiny | |||
| Jun 25, 1999 | Sold | ||
| Sold | |||
| May 14, 1999 | Listed | $269,000 | |
| Listed | |||
| | |||
|
THIS WONDERFULLY RENOVATED UNIT OFFERS EXTRAORDINARY SPACE! SUN FILLED LR AND DR WITH GUNWOOD DETAIL. NEW KIT, UPDATED BATH, WALK UP ATTIC AND FINISHED 3RD FL BEDROOM. FRONT AND REAR PORCHES AND TERRIFIC PRIVATE YARD. GREAT LOCATION.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/24/2022
|
4 Bed
|
2 Bath
|
2046 ft²
|
$845,000
4 Bed
2 Bath
2046 ft²
|
$835,000
-1.18%
07/29/2022
|
Noemia Alves
RE/MAX Destiny
| |
|
05/14/1999
|
3 Bed
|
1 Bath
|
2025 ft²
|
$269,000
3 Bed
1 Bath
2025 ft²
|
$279,000
+3.72%
06/25/1999
|
Karen Lilley
KL Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017