46 Main Street
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%.
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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 |
|---|---|---|---|
| Jun 30, 2023 | Sold | ||
| Sold | |||
| Oct 20, 2022 | Listed by Brian French Real Estate | $292,000 | |
| Listed by Brian French Real Estate | |||
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Rich in history and architecture, this stately 3 level Second Empire Victorian home with mansard roof built in 1885, sitting on just over 0.5 acres, is a one-of-a-kind opportunity on historic Main Street in Milton. Within a walking half mile of the town elementary and middle schools, short walk or drive to restaurants, parks and local amenities, the location is desirable. Due to a water event, which has undergone profession cleanup, the home is in need of full renovation. The possibilities are endless with over 2,700 square feet of workable space, great flow and generous room sizes. It’s well suited for a single-family home with or without an apartment rental, Bed and Breakfast, house with an in-home office or personalize and restore to its former glory. Walk inside and you will feel like you’ve stepped back in time. Handsome period, ornate wood work throughout the home has been salvaged, ceiling height over 9' on 1st and 2nd floors and the original arched, double door front entry are a few of the WOW features. The back yard is a blank canvas for an entertaining space or garden of your dreams. This home is complete with a carriage house converted in to a 2-car garage with ample storage space on second story. Come see this unique property that won’t last long in this competitive market. Property is being sold as is, buyer(s) to do their due diligence.Come see this unique property as sellers are motivated.
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| Sep 19, 2022 | Sold | ||
| Sold | |||
| Jan 5, 2022 | Listed by KW Vermont | $250,000 | |
| Listed by KW Vermont | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017