449 Middlesex Avenue
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 |
|---|---|---|---|
| Jan 28, 2025 | Sold | ||
| Sold | |||
| Nov 22, 2024 | In contract | - | |
| In contract | |||
| Nov 15, 2024 | Listed by Coldwell Banker Realty - Andovers/Readings Regional | $685,000 | |
| Listed by Coldwell Banker Realty - Andovers/Readings Regional | |||
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Welcome to this charming ranch-style home, lovingly maintained by the same family for 58 years! It is the perfect blend of comfort & convenience, where you can see the pride of ownership & feel the warmth of family. The heart of the home is the expansive family room, boasting gorgeous views of all four seasons, perfect for gathering & entertaining. It seamlessly connects to the updated kitchen, featuring timeless wood cabinets & updated counters. The fireplaced living room provides a warm & bright retreat. Three bedrooms with hardwood floors & ample closet space, a full & a half bath round out the main floor. The private yard is a picturesque escape. Endless possibilities for organization or expansion in the unfinished basement, especially with the ability to walk out to the backyard. Brand new septic system to be installed ASAP. Enjoy easy highway access to I-93, making your daily commute a breeze. This home is ready for you to add your personal touches & write its next chapter!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017