48 Manchester Ter
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 |
|---|---|---|---|
| Jul 18, 2014 | Sold | ||
| Sold | |||
| May 23, 2014 | Listed by William Raveis R.E. & Home Services | $129,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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Great location near the E. Longmeadow line this eye-catching 6 Rm, 3 Bdrm home boasts over 1,700 sq. ft. of living! Spacious Living Rm w/brick fireplace, picture window & French Doors to formal Dining Rm.. Fully appllianced Kitchen, lots of cabinet space & informal dining. Two first floor bedrooms plus finished second floor w/spacious third bedroom, many built-ins, separate sitting room plus storage. Maintenance free vinyl siding, new roof plus one car detached garage. Quiet side street location yet close to shopping areas & Heritage Park.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017