48 Simmons Drive
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 13, 2017 | Sold | ||
| Sold | |||
| Aug 28, 2017 | Listed by MLSMOVES | $769,900 | |
| Listed by MLSMOVES | |||
| Jul 25, 2013 | Sold | ||
| Sold | |||
| Dec 2, 2005 | Sold | ||
| Sold | |||
| Jun 8, 2005 | Listed | $849,900 | |
| Listed | |||
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One of the premiere homes in Weston Farms! This magnificent 3238 square foot, 12 room Colonial has an additional 800 square feet in the finished basement. This decorator's showcase was featured on the 2001 Duxbury home tour and from the moment you enter the home, under the wisteria covered arbor,you will be amazed at the dramatic floor plan complete with entertainment sized kitchen, step-down family room, cheerful and bright heated 4 season room and beautifully finished lower level.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017