48 Newcastle Rd
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 27, 2024 | Sold | ||
| Sold | |||
| Aug 21, 2024 | In contract | - | |
| In contract | |||
| Aug 7, 2024 | Listed by oNest Real Estate | $679,000 | |
| Listed by oNest Real Estate | |||
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NO OPEN HOUSE !This charming single-family home offers an inviting and spacious layout perfect for comfortable living and entertaining. Featuring 3+ bedrooms and 2.5 bathrooms, it is ideal for families or anyone seeking ample space. The home boasts a large, open-concept kitchen and living room, designed to be the heart of the home where cooking, dining, and gathering come together seamlessly.The kitchen is modern and well-equipped, offering plenty of counter space, high-end appliances, and a convenient island. Adjacent to the kitchen, the living room provides a cozy yet expansive area perfect for relaxing or hosting guests.A dedicated office space adds a functional touch, catering to remote work or study needs. The yard is well-maintained, offering a delightful outdoor space for activities and relaxation, while a swimming pool provides a refreshing escape during warm weather.The basement is partially finished, presenting an opportunity for additional living space,recreational or store.
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| May 12, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Apr 13, 2023 | Listed by GR8 Real Estate LLC | $699,000 | |
| Listed by GR8 Real Estate LLC | |||
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Welcome to 48 Newcastle - the expanded cape that offers much more than meets the eye! As you step through the front door, you'll be pleasantly surprised by the ample space and charming character of this entertainer's paradise. The kitchen boasts stunning new granite countertops, a center island, stainless steel range, plenty of cabinets and counter space for all your culinary needs. The open living/dining room and bright enclosed porch provides an ideal space for relaxation or hosting parties. A first-floor bedroom and full bath complete the convenience of single-level living, while upstairs, two spacious bedrooms with a half-bath offer additional comfort. The finished basement provides a fun and inviting space for your gatherings with a full wet-bar and a cozy fireplace. Take your party outside to the in-ground outdoor pool and spacious yard in the summer - perfect for BBQs and pool parties! Minutes away from 128, Northshore Mall, and downtown Peabody. Don't miss the opportunity!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017