418 Common 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 |
|---|---|---|---|
| Jan 8, 2025 | Sold | ||
| Sold | |||
| Nov 9, 2024 | In contract | - | |
| In contract | |||
| Oct 31, 2024 | Listed by Leading Edge Real Estate | $1,495,000 | |
| Listed by Leading Edge Real Estate | |||
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This timeless masterpiece in the heart of vibrant Cushing Square, on a 10,000+ sq ft lot, is ready for restoration to its former stature as an iconic Belmont home. As you step inside, you’re greeted by architectural details that define this elegant residence, including abundant French doors, filling the home w/ natural light. The 1st floor features a grand front-to-back living room that shares a double-sided fireplace with the sunroom. A large dining room, eat-in kitchen and half bath complete this floor. At the top of the staircase, you’ll find an elegant landing leading to 3 bedrooms, full bath, an office and access to the 3rd floor. The primary bedroom has a walk-in closet & ensuite bath. On the 3rd floor, there is a bedroom w/fireplace & full bath. Outside there is a 2-car garage, private backyard & an inviting side porch. Ideally located just steps from the amenities of Cushing Square, this property is ready for its new owner to revitalize and transform it into a dream home.
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| Aug 15, 1990 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017