42 Burt Street
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 |
|---|---|---|---|
| Jul 28, 2023 | Sold | ||
| Sold | |||
| Nov 19, 2009 | Sold | ||
| Sold | |||
| Apr 13, 2008 | Listed by James F. Mulcahy, III | $289,500 | |
| Listed by James F. Mulcahy, III | |||
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Step back into yesteryear! Natural wood work! Hardwood, updated heat & electric! Walkup third floor with rough electric for future expansion! THIS IS A SHORT SALE! ALL OFFERS R CONTINGENT UPON RECEIPT of a fully executed & mutually acceptable P&S. Acceptance of good faith monies in escrow without an executed P&S agreement does not bind the Seller. Sellers loss is your gain! House is in good shape all systems work. This is an "AS IS SALE!"
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| Nov 19, 2004 | Sold | ||
| Sold | |||
| Aug 31, 2004 | Listed | $359,900 | |
| Listed | |||
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