39 Alpena Ave
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 2, 2020 | Sold | ||
| Sold | |||
| Oct 22, 2015 | Sold | ||
| Sold | |||
| Aug 23, 2015 | Listed by Cameron Prestige - Boston | $300,000 | |
| Listed by Cameron Prestige - Boston | |||
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CONTRACTORS, HANDYMEN, & HGTV-OBSESSED BUYERS LOOKING TO FIX AND FLIP: THIS ONE IS A NO BRAINER. Easy numbers for this perfect Dedham location. Minutes to East Street Rotary gives it great highway access for easy on/off to Boston or Providence commuters. Short walk to two different T stations as well as minutes to trendy University Ave Station. Interior features hardwoods throughout and new vinyl replacement windows. Needs new kitchen cabinets, counters and appliances. The tiled bath needs updating. Large basement for storage. Breezeway to fenced in back yard gives you safe play area for pets, youngsters, and entertaining. Multiple choices offered: Buy it and rent it out, Buy it/fix it up and sell it for profit OR buy it, renovate, and live here. It's a win all around, no matter what you choose. SECOND SHOWINGS AND OPEN HOUSE ON SUNDAY AUGUST 30TH FROM 11-1. OFFERS DUE BY MONDAY AT 12:00 P.M. Come on over & take a look
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Address: 335 Madison Avenue, New York, NY 10017