47 Longmeadow Road
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 |
|---|---|---|---|
| Mar 5, 2025 | Sold | ||
| Sold | |||
| Nov 20, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 19, 2024 | Listed by Jane Mosello Real Estate | $625,000 | |
| Listed by Jane Mosello Real Estate | |||
| Jun 11, 2024 | Listed by Jane Mosello Real Estate | $625,000 | |
| Listed by Jane Mosello Real Estate | |||
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Single family home located in historic Poets Corner just off McLean Ave. Home is presently rented until January 2025 with a rental income of $3000 per month. Currently family have designed 2 separate living spaces with 2 bedrooms on each level. Property offers updated kitchen and bathrooms along with new hardwood flooring, also new boiler and new wiring throughout the entire home. Situated just off McLean Ave, the location offers an easy commute to NYC and convenient access to public transportation and shopping. Sitting on a sizable 4000 sq ft lot the outdoor area offers great outdoor living space. Currently a great investment property with the potential to live in at lease end.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017