48 Bay State Cir
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 |
|---|---|---|---|
| Nov 5, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Sep 17, 2024 | In contract | - | |
| In contract | |||
| Sep 12, 2024 | Listed by Keller Williams Realty | $439,000 | |
| Listed by Keller Williams Realty | |||
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Charming 3-bedroom Cape-style home with plenty of potential! This cozy property features hardwood floors on the first floor, a spacious living room with natural light, a dining room and and an eat-in kitchen. Three bedrooms (2 upstairs and 1 on first floor) each offer great space. Bonus 3-season porch to sit, relax and enjoy a beverage. Full unfinished basement offers lots of storage space. The home needs some TLC, mainly cosmetic repairs, fresh paint, and new fixtures, making it a perfect project for someone looking to customize their dream home. Outside, the fenced yard is generously sized and ideal for outdoor activities or gardening. There is an above ground pool for a refreshing dip on those hot summer days. Conveniently located just 5 min from S Weymouth MBTA Train station. Great opportunity to add value and your own personal touches!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017