403 Middlesex 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%.
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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 31, 2017 | Sold | ||
| Sold | |||
| Apr 6, 2017 | Listed by RE/MAX Realty Pros | $360,000 | |
| Listed by RE/MAX Realty Pros | |||
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Lovely 2 bedroom, 2 bath home on a nice corner lot in the sought after Town of Wilmington. The main floor offers beautiful hardwood flooring, also under the w/w in the generous sized living room with it's cozy fireplace, a formal dining room with a built in hutch, ceramic tile flooring in the eat in kitchen & in both baths. Other features include a new LR window in 2013, new side entry stairs, outer wall and attic insulation added in 2014. The lower level has a 3/4 bath w/shower, a large bonus room partially finished w/fireplace & recessed lighting is ready for you to complete with your own personal choices. Another area has a bright and spacious room great for exercise equipment, crafts, gardening projects or whatever your needs may be. 2 Driveways for off street parking. A comfortable back yard with room for outdoor grilling and relaxing w/family & friends. New septic to be installed. Located within minutes to train/commuter rail, highway access & convenient country grocery store!
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| Apr 16, 1999 | Sold | ||
| Sold | |||
| Feb 17, 1999 | Listed by Wilson Wolfe Real Estate | $184,900 | |
| Listed by Wilson Wolfe Real Estate | |||
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QUALITY BUILT RANCH W/GLEAMING HW FLRS, FPL LR, FORMAL DR, KIT W/C.T. FLRS AND WHITE CABS, BRAND NEW 1ST FLR BTH, FINISHED LOWER LEVEL W/FPL FAM.RM, KITCHENETTE AREA AND FULL BTH. STORAGE RM IN LOWER LEVEL. PLEASURE TO SHOW!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017