43 Balchstreet
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 |
|---|---|---|---|
| Mar 25, 2016 | Sold | ||
| Sold | |||
| Jan 3, 2016 | Listed by Barbara Shahnaian Realty | $499,900 | |
| Listed by Barbara Shahnaian Realty | |||
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Historic centrally located brick home near amenities such as the Cummings Center, downtown, schools, commuter routes and a golf course. Entire home has been renovated, painted and the floors refinished. Newly done kitchen with all appliances and 3 baths make this home move in ready. Bonus sun/mud room off the kitchen and small office space off the dining room. Walk up attic for storage. Lovely flat lot with carport and storage shed. Own a piece of history
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| Aug 28, 2015 | Sold | ||
| Sold | |||
| Jul 14, 2015 | Listed by Windhill Realty, LLC | $249,000 | |
| Listed by Windhill Realty, LLC | |||
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Attention Contractors and Restoration specialists! Landmark Brick Georgian Colonial on quarter acre level lot. Ripe for renovation/restoration. Generous dimensions with some period features. In the same family for decades, it is ready for its next steward. Best suited for purchase by a professional tradesmen, it will be sold in as-is/as seen condition. Just outside the back entrance to the Cummings Center and close to schools, parks, shopping district and major routes. Come and explore the potential for this rarely available type of property.
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Address: 335 Madison Avenue, New York, NY 10017