485 Wareham St
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%.
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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 |
|---|---|---|---|
| Apr 17, 2024 | Sold | ||
| Sold | |||
| Jan 6, 2024 | In contract | - | |
| In contract | |||
| Jan 5, 2024 | Relisted | $339,900 | |
| Relisted | |||
| Oct 31, 2023 | In contract | - | |
| In contract | |||
| Oct 23, 2023 | Listed by Keller Williams Realty | $1,295,000 | |
| Listed by Keller Williams Realty | |||
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General Use ..... Currently under mixed use and commercial with 61 A and residential This property consists of approximately 7+ acres Significant presence on the road making the property suitable for commercial usage. Two huge 60X40 garage/ barns, one has all electric, heat and insulation. The other is for animals with preparation for a barn with living quarter above, making the with additional height for that purpose. So many possibilities. Main home has Open floor plan with Living room dining and kitchen with breakfast bar. one bedroom on the first level. Remaining bedrooms and loft family room on second floor with access to upper deck. A variety of out side sheds for animals. Great access to hyways shopping. There is plenty of upland for additional buldings and development with frontage of 400' on Route 28. There are animals on site and All Showings must be by appointments only min of 24 hours.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017