425 Methuen
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 |
|---|---|---|---|
| Dec 27, 2019 | Sold | ||
| Sold | |||
| Aug 14, 2019 | Listed by Dick Lepine Real Estate, Inc. | $300,000 | |
| Listed by Dick Lepine Real Estate, Inc. | |||
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Two acre lot! Farmhouse has been in the family for 80+ years which is lush farmland producing many crops years past. Perfect for a growing family or farmer. House is need of repair but has lots of potential with large sunny rooms, hardwood floors, two baths, updated heating and hot water heater. First floor sunroom overlooking acres of countryside but close to highways and shopping!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017