451 Converse Avenue
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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 |
|---|---|---|---|
| Oct 6, 2018 | No longer available | - | |
| No longer available | |||
| Aug 25, 2018 | Listed | $590,000 | |
| Listed | |||
| | |||
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Beautiful Single Family Home located in a desirable area of Claremont. This gorgeous homes features 4 bedrooms and 2 bathrooms - has an open floor plan with a large living area of 1,570 sq ft. and a large lot of 8,327 sq. ft. This home was recently renovated which includes a remodeled kitchen with quartz counter-tops, updated bathrooms, new windows, new floors, re-piped whole house with Plex, new paint throughout, new recessed lighting, updated electrical, central A/C with new ducts throughout, new R38 insulation throughout, new landscaping, and a new quiet-cool whole house fan for energy efficiency. This wonderful home also has a nice yard that is great for entertaining. Excellent location. Near to schools, freeway, transportation, and shopping centers. Move-right in. A Must See! The manager has listed the unit size as 1570 square feet.
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| Jul 6, 2017 | Sold | ||
| Sold | |||
| May 11, 2017 | Listed by March Realty | $538,000 | |
| Listed by March Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017