48 Cross 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%.
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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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | Listed by 1 Worcester Homes | $215,000 | |
| Listed by 1 Worcester Homes | |||
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Showings begin Saturday, 3/9, at the open house from 11-1PM. Come see this renovated Ranch with garage offering one level living situated on a 1 acre parcel with great mix of cleared with partially wooded areas. Pretty much entire interior has been updated. Open concept w/ Vaulted Living room, Kitchen, and Dining. New Flooring, Cabinets, Counters, Sink, Refrigerator, Dishwasher, and Bathroom. Laundry Room was added to main floor in 2022, Garage roof 2022. 2024 Floors, trim, hot water heater, all rooms/ceilings painted. 2018 Cathedral Ceiling in Living room with foam board and spray insulation. New refrigerator was not delivered before pictures were taken. Nature trails accessible from back yard, raised gardens, and screened in gazebo. Exterior is in need of some scraping and painting. Automatic Garage door is ready to need replacing however is still functioning well. All appliances convey with sale! Access to basement is through the garage.
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| Dec 19, 2018 | Sold | ||
| Sold | |||
| Oct 18, 2018 | Listed by BHG Masiello Peterborough | $140,000 | |
| Listed by BHG Masiello Peterborough | |||
| Sep 8, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017