48 Prescott Street
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 |
|---|---|---|---|
| Jun 20, 2019 | Sold | ||
| Sold | |||
| May 3, 2019 | Listed by Donahue Real Estate Co. | $779,000 | |
| Listed by Donahue Real Estate Co. | |||
| Apr 30, 2013 | Sold | ||
| Sold | |||
| Mar 28, 2012 | Listed by RE/MAX Destiny | $60,000 | |
| Listed by RE/MAX Destiny | |||
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This property is sitting in a prime location for someone to build their own dream house, multi or possibly build 3 condo on this lot. Please make sure you check with the BRA and Inspectional service on what can be built on this lot. Please feel free to drive by and look at this nice and level lot. Buy now and hold for the future they are not making any more land. The house next to the lot are not forsale. Please contact listing agent for details.... This will not last call now...
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| May 6, 2010 | Listed by Coldwell Banker Residential Brokerage - Jamaica Plain | $75,000 | |
| Listed by Coldwell Banker Residential Brokerage - Jamaica Plain | |||
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ATTENTION DEVELOPERS AND END-USERS. RARE AND FANTASTIC! WOLCOTT SQUARE, HYDE PARK OPPORTUNITY TO BUILD A SINGLE FAMILY HOME… DEVELOPMENT/ ZONED S-F 5000, LOCATED ON QUAINT SIDE STREET. NO WARRANTIES OR REPRESENTATIONS. BUYER TO DUE THEIR OWN DUE DILIGENCE. VARIANCE NEEDED
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017