38 Sutton 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 |
|---|---|---|---|
| Nov 21, 2024 | Sold | ||
| Sold | |||
| Oct 15, 2024 | In contract | - | |
| In contract | |||
| Oct 2, 2024 | Listed by Redfin Corp. | $650,000 | |
| Listed by Redfin Corp. | |||
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This charming 3 bedroom 2 bathroom American Four Square Colonial style home is located near downtown, major routes, and North Shore Mall. Freshly painted throughout, this home showcases original woodwork and hardwood floors in most rooms. Enjoy the cozy living room with stunning working fireplace. The formal dining room has a built-in china cabinet, and a den perfect for extra living space or office, 3/4 bathroom round out first floor. 3 generous size bedrooms and updated full bathroom on second level and access to walk up attic. The oversized two-car garage offers electricity and loft storage. New Roof in 2021, Gas heating system 2016, Water Heater 2024 and fully insulted in 2022.
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| Jun 30, 2015 | Sold | ||
| Sold | |||
| May 7, 2015 | Listed by Redfin Corp. | $312,500 | |
| Listed by Redfin Corp. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017