47 Monroe Ave
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 |
|---|---|---|---|
| Jun 24, 2025 | Sold | ||
| Sold | |||
| Apr 30, 2025 | In contract | - | |
| In contract | |||
| Apr 24, 2025 | Listed | $479,000 | |
| Listed | |||
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OFFER DEADLINE Mon, 4/28 at 9:00 pm! Welcome to 47 Monroe Ave, a charming residence located in sought after West-side Worcester’s Newton Square neighborhood. This classic home offers great flow and timeless appeal, highlighted by hardwood floors throughout most of the living space. The sunny kitchen features granite countertops, stainless steel appliances, and opens to a center dining room perfect for gatherings. A cozy front living room with a fireplace leads to a bright four-season porch. Enjoy the spacious family room complete with built-ins and extra storage overlooking a beautifully landscaped backyard with a large private deck and storage shed—ideal for outdoor relaxation. Thoughtful updates include modernized bathrooms, repointed chimney, newer exterior paint, with roof and furnace approximately 10 years old. Additional highlights include economical gas heat, replacement windows, and a one car garage. Sidewalk-lined streets and a well-established community complete the picture!
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| Jul 13, 2017 | Sold | ||
| Sold | |||
| Apr 25, 2017 | Listed by Next Move Realty | $244,900 | |
| Listed by Next Move Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017