42 Daytona 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 |
|---|---|---|---|
| May 28, 2024 | Sold | ||
| Sold | |||
| Apr 19, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Listed by Coldwell Banker Realty - Western MA | $166,400 | |
| Listed by Coldwell Banker Realty - Western MA | |||
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Do not miss your opportunity to purchase this large Colonial style home in the Forest Park section of Springfield. Upon first entry you are met with a formal dining room and living room. The first floor also features a kitchen, half bathroom, and laundry area. Upstairs you will find three sizeable bedrooms on the second floor and the main bathroom. On the 3rd floor you will find two additional bedrooms spaces. The basement is also partially finished with a full bathroom to add value. Property sits in close proximity to area amenities including forest park, gas stations, grocery stores, and retail shopping. Priced below assessed value to give a buyer an opportunity to gain instant equity with some repairs and updates.
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| Dec 18, 2020 | Sold | ||
| Sold | |||
| Aug 10, 1999 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017