38 Mount 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 |
|---|---|---|---|
| Dec 4, 2020 | Sold | ||
| Sold | |||
| Sep 9, 2020 | Listed by ERA Key Realty Services- Spenc | $319,900 | |
| Listed by ERA Key Realty Services- Spenc | |||
| Aug 25, 2011 | Sold | ||
| Sold | |||
| Jun 16, 2010 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $204,900 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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NEW CONSTRUCTION! ENERGY STAR, 3 lg bedrooms, 2.5 baths, fully applianced SS kitchen w/granite countertop, crown molding, built-ins, recessed lighting, open floor plan, A/C, gleaming hardwoods & tile flooring, second floor laundry area, master bedroom w/full bath, huge walk-in closet, cathedral ceiling & fan. Deck, level lot, full walk out basement for future expansion. Guaranteed $760/year heat bill. Corner lot, residential neighborhood,close to major routes, UMass Hosp. QUALITY! Just move in!
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Address: 335 Madison Avenue, New York, NY 10017