4061 Main /Rte 6a 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 |
|---|---|---|---|
| Jun 24, 2013 | Sold | ||
| Sold | |||
| Jan 11, 2012 | Listed by Today Real Estate, Inc. | $369,000 | |
| Listed by Today Real Estate, Inc. | |||
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Major price reduction! Could use some updating unless you are looking for the Cape Cod charm of yesteryear. Prime location! Walk to Cape Cod Bay. Built by a lobsterman in the late 1940's and designed by architect Richard Sears Gallagher this charming ranch has been enjoyed for generations by the Lovell family who was involved in the fishing industry. note: attached separate living quarters could be opened to the main house. Many possibilities!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017