39 Balfour
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 |
|---|---|---|---|
| May 22, 2026 | Sold | ||
| Sold | |||
| Apr 16, 2026 | In contract | - | |
| In contract | |||
| Apr 10, 2026 | Price Decreased |
$299,000
↓ $21K
(6.6%) | |
| Price Decreased | |||
| Mar 27, 2026 | Listed by Thompson Real Estate Group | $320,000 | |
| Listed by Thompson Real Estate Group | |||
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Reduced for a quick sale! Cute as a button home. Conveniently located by 2 schools and a library. Walk into your sunny and bright living room. Additional screened in porch frames the side yard for enjoying 3 seasons. Fenced in yard for entertaining. Delightful Cape Cod home has 4 bedrooms. Good size eat-in kitchen. Kitchen leads to porch and back yard. So many recent upgrades like insulation, painting, new light fixtures, some flooring, some newer windows, including in basement and kitchen. Bathroom has new window, tub and sink. New roof on house and garage due to 21 solar panels, (2025). Full basement is open and holds so much storage. Basement exit may still open but was never used by the current owners due to insulation by Mass Saves. One car garage. The street has sidewalks, not a major through-way, and you can walk to the local shops.
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| May 15, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017