427 Massasoit Rd
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 |
|---|---|---|---|
| Aug 26, 2025 | Sold | ||
| Sold | |||
| Jul 14, 2025 | In contract | - | |
| In contract | |||
| Jul 6, 2025 | Listed by OWN IT | $489,000 | |
| Listed by OWN IT | |||
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MULTIPLE OFFERS Best and Final Offer Due: 7/12/25, 9:00 a.m. Beautifully updated ranch offers everything you’ve been waiting for. The moment you step inside, you’ll fall in love with the open-concept kitchen and dining area, featuring updated countertops, newer appliances, and stylish lighting. Spacious living room boasts gleaming hardwood floors and a cozy fireplace, perfect for relaxing or entertaining. All three bedrooms are generously sized, featuring hardwood flooring. The primary bedroom also includes a mini-split system for added comfort. Main bathroom has been tastefully renovated, and an additional full bath is conveniently located in the partially finished basement, complete with a bar, offering an excellent space for gatherings or hobbies. Natural light fills the home, and the large deck & backyard provide stunning views. Situated on just under an acre of meticulously maintained land—a rare find within the city—this property also includes a one-car garage.
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| Dec 5, 2013 | Sold | ||
| Sold | |||
| Sep 9, 2013 | Listed by RE/MAX Advantage 1 | $170,000 | |
| Listed by RE/MAX Advantage 1 | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017