381 Vernon Street
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 |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| May 8, 2024 | Listed by Coldwell Banker Realty - Lynnfield | $586,000 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
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Well loved and cared for Ranch style home offering one level living! Enjoy warm summer nights on the farmers porch featuring dimmable recessed lights. All rooms have been freshly painted, newly finished hardwood floors and crown molding. The kitchen offers new appliances and newly painted grey cabinets and easy access to the laundry room. Just off the kitchen is the dining room with built-ins, just waiting for family gatherings along with the spacious living room with wall of windows overlooking private back yard. The family room has access to the farmers porch. Two bedrooms plus full bath complete the floor plan. One car garage with 4 parking spaces in driveway. Updated electrical throughout. Beautiful flowering tree and shrubs, large hibiscus flowers in season. B-Dry full perimeter basement system with battery back-up. Enjoy Lake Quannapowitt, dining, shopping and more in Wakefield Center and nearby Market Street!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017