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41 Gleason 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 |
|---|---|---|---|
| Mar 11, 2010 | Sold | ||
| Sold | |||
| Sep 18, 2009 | Listed by Realty Executives Boston West | $175,000 | |
| Listed by Realty Executives Boston West | |||
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This is a diamond in the rough! Updating and cosmetics will be needed, and the price reflects it. The neighborhood is excellent, and your sweat equity will be rewarded. Basics seem to be good, including the recent central air conditioning system. Seller has never lived here, and has no first-hand knowledge of the home. Come check it out!
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Address: 335 Madison Avenue, New York, NY 10017