396 Bridge 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 |
|---|---|---|---|
| Oct 7, 2024 | Sold | ||
| Sold | |||
| May 9, 2024 | Listed by Executive Real Estate, Inc. | $250,000 | |
| Listed by Executive Real Estate, Inc. | |||
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Northampton - What an opportunity. This lot may provide enough space to add an additional dwelling. The current single family home on the property could easily be converted into a multifamily building. The opportunities are endless. Imagine owning several rental units close to downtown and close to 91. This could possibly be built out into condominiums as well. All uses to be verified with the town. There are currently other multifamily homes on the street and some new multi building units built in the same neighborhood.
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| Dec 31, 1997 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017