47 Wyman 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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| May 5, 2024 | Listed by Beaudoin & Associates, REALTOR® | $299,900 | |
| Listed by Beaudoin & Associates, REALTOR® | |||
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Property is in need of extensive repair both inside and out. Perfect location and an awesome purchase for the first time buyer, retiree or investor. Cash, a rehab loan or an FHA 203K loan could bring this property back to its original value. Property will not qualify for conventional financing. First showings will be at the Open House on Thursday, see Open House tab for schedule. Great location on the cul-de-sac and nice quiet area. Property is being sold as is.SUBJECT TO SELLER OBTAINING RELEASE OF PROVISIONS OF LOCAL INITIATIVE PROGRAM DEED AND RIDER, A COPY OF WHICH IS ATTACHED. SUBJECT TO ASSENT OF ALL LEGATEES OF THE WILL OF MARCEL BLANCHETTE, OR A LICENSE TO SELL REAL ESTATE. ***All Offers Due Tuesday 5/14 by 5:00 PM***
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| Sep 30, 1993 | Sold | ||
| Sold | |||
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