46 Michigan Ave
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 22, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | Listed by Berkshire Hathaway HomeServices Verani Realty | $449,900 | |
| Listed by Berkshire Hathaway HomeServices Verani Realty | |||
| | |||
|
Charming home featuring 2 bedrooms and a bonus nursery rm that could serve as a 3rdbedroom. Hardwood floors create a warm atmosphere throughout the home. Enjoy an abundance of natural light streaming in, illuminating the rooms. The primary bedroom is oversized with two closets, offering ample storage space. The kitchen is designed for efficiency, making meal prep a breeze, while the spacious dining rm is perfect for hosting gatherings. Relax in the oversized living area or step outside to the deck, offering picturesque views of the fenced backyard. Just a short 5-minute walk away, you'll find yourself at the beach, perfect for strolls or beach days. The "T" station is located within a 10-minute walk, with easy access to Boston. Downtown Swampscott just a short walk away and a playground only a block away, this home offers the ideal blend of comfort and convenience. The large basement with windows and heat is great for future finishing offering endless possibilities for expansion.
| |||
| Oct 5, 2018 | Sold | ||
| Sold | |||
| Aug 15, 2018 | Listed by Berkshire Hathaway HomeServices Verani Realty | $315,000 | |
| Listed by Berkshire Hathaway HomeServices Verani Realty | |||
| Jul 14, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017