408 Roosevelt 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%.
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 |
|---|---|---|---|
| Nov 14, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | Listed by Real Broker MA, LLC | $369,900 | |
| Listed by Real Broker MA, LLC | |||
| Aug 30, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 18, 2024 | Listed by Real Broker MA, LLC | $390,000 | |
| Listed by Real Broker MA, LLC | |||
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Buyer got the cold feet. Your second chance to discover unparalleled comfort and elegance at 408 Roosevelt Ave in East Forest Park, Springfield, MA. This stunning Colonial-style home, built in 2013, offers 1,540 sqft of living space with 3 bedrooms and 2 full bathrooms. The inviting living room features a cozy fireplace, hardwood floors, and a charming bay window. The elegant dining room has stone/ceramic tile flooring and ample closet space. The modern kitchen, with recessed lighting, and the adjacent family room, opening to a balcony/deck with serene pond views, enhance the living experience. The main bedroom has a walk-in closet and hardwood floors, while the additional bedrooms also feature walk-in closets and hardwood flooring. The versatile playroom, with a walk-out basement to the backyard, walk-in closet, and hardwood floors, can serve as an additional bedroom. Amenities include an attached garage, parking for four cars, a full basement, central heating, and central air.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017