48 Hillcrest Avenue
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 |
|---|---|---|---|
| Sep 6, 2024 | Sold | ||
| Sold | |||
| Jul 27, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Relisted | $530,000 | |
| Relisted | |||
| Jul 12, 2024 | In contract | - | |
| In contract | |||
| Jul 9, 2024 | Listed by William Raveis R.E. & Home Services | $530,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Nestled on a corner lot in a fantastic neighborhood & convenient to I-91, this classic colonial provides curb appeal galore, loads of architectural detail, beautiful hardwood floors, many new windows & modern conveniences. A gorgeous, updated, Chapdelaine kitchen is the heart of the home providing an exceptional gathering spot & a chef’s delight. It features granite counters, a center island, high-end appliances & great storage. Kitchen opens to a screened porch & mudroom w/ access to lovely outdoor space -fully fenced for your convenience! Wainscoting & built-in hutch add to the appeal of the dining room & the front to back living room is graced w/ a fireplace & built-ins flanking the windows. A sunroom w/ tile floor offers a cozy retreat & the powder room was remodeled in 2022. Upstairs you'll find 3 bedrooms incl a primary bedroom suite w/ 2 walk-in closets & a lovely remodeled bath! Finished basement, central air, smart lights/ fresh paint throughout. New roof installed - 6/ 24!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017