47 Academy Drive
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 |
|---|---|---|---|
| Dec 19, 2025 | Sold | ||
| Sold | |||
| Nov 19, 2025 | In contract | - | |
| In contract | |||
| Nov 13, 2025 | Listed by William Raveis R.E. & Home Services | $699,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Look no further. This 4-bed,3.5-bath ranch backs up to Turner Park and welcomes you with a flowing floor plan, hardwood floors, and natural light at every turn. The eat-in kitchen offers generous counter space, double ovens, and stainless appliances, opening to a warm, an inviting family room where a floor-to-ceiling stone fireplace, vaulted ceilings and skylight set the tone. A charming three-season room extends the living space for fair-weather gatherings. The serene primary suite features ambient cove lighting, a walk-in closet, and a beautifully updated bath with double sinks and a glass shower, while a second bedroom enjoys its own en-suite. A bright mudroom/office with a huge closet adds everyday ease. Outside, the fenced, wooded yard, sprinklers, and Stampcrete patio create a private retreat. With first-floor laundry, attached 2 car garage, many soaring ceilings, a partially finished basement, and a center-of-town location, this home truly has it all.
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| Nov 28, 2011 | Sold | ||
| Sold | |||
| Aug 22, 2011 | Listed by Coldwell Banker Residential Brokerage - Longmeadow | $429,000 | |
| Listed by Coldwell Banker Residential Brokerage - Longmeadow | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017