48 Michael 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 |
|---|---|---|---|
| Oct 5, 2018 | Sold | ||
| Sold | |||
| Nov 20, 2014 | Sold | ||
| Sold | |||
| Jun 12, 2014 | Listed by Berry Real Estate | $265,000 | |
| Listed by Berry Real Estate | |||
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So much character and practical details in this meticulously maintained ranch. There is storage every where you look, shelving, loft storage in the garage/workshop, 2 sheds. The house is so sunny and bright...from the cathedral ceiling, to the kitchen skylight, and the sliders that lead onto the spacious deck which overlook the beautiful park-like back yard. The kitchen has a pot belly wood stove that is just enough to warm up the house on a cool morning. A mud room off the kitchen boasts custom built closets for pantry items and misc. storage, that leads into the bright laundry room which looks out to the enclosed, screen-in porch. The master bedroom has a walk-in closet/ dressing room which leads to the biggest surprise another custom walk-in closet and this one is cedar lined. Its a wonderful family home in a neighborhood that is near everything; the highways and the Raynham schools.
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| Aug 28, 2002 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017