(Lot 4) 381 Prospect 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 |
|---|---|---|---|
| Jan 3, 2023 | Sold | ||
| Sold | |||
| Dec 15, 2022 | In contract | - | |
| In contract | |||
| Sep 29, 2022 | Listed by ERA Key Realty Services-Bay State Group | $1,100,000 | |
| Listed by ERA Key Realty Services-Bay State Group | |||
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HARD TO FIND! NEW CONSTRUCTION IN FRANKLIN! Welcome Home to The First of Three Quality Built Homes by a Local & Reputable Custom Home Builder Who Will Not Disappoint!! This Plan Features a Custom Kitchen Design, Opening Into a Fireplaced Family Room, All Offering 9' Foot Ceilings. Also Including a Home Office or Formal Living Room Space, Plus Formal or Casual Dining Area. Second Floor Has 4 Spacious Bedrooms, 2 Full Baths and Convenient Upstairs Laundry. Property Also Boasts a 3-Car Garage, Walk-Out Basement AND Walk-Up Stairway for 3rd Floor Access. This 3,000+ Sq. Ft. Home Is Situated on a 40,000 Sq. Ft. Lot. Enjoy The Benefits of New Construction with Energy Efficiency & Low Future Maintenance! Don't Miss Out On This Great Opportunity To Own a BRAND NEW HOME While Rates Are Still Low - Act Now! QUICK CLOSING POSSIBLE!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017