486 Prospect 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%.
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 |
|---|---|---|---|
| Dec 19, 2024 | Sold | ||
| Sold | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Oct 11, 2024 | Listed by RE/MAX Connections - Belchertown | $350,000 | |
| Listed by RE/MAX Connections - Belchertown | |||
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This timeless New England-style Cape, hitting the market for the first time, offers 4 bedrooms and 1 full bath. The open kitchen and living room create a welcoming space, with granite countertops, a center island, and stainless steel appliances enhancing the kitchen. The bay window adds natural lighting to the space. With 2 bedrooms upstairs and 2 downstairs, the home offers great flexibility for various living arrangements. The highlight may be the exterior, boasting an in-ground pool, abundant entertainment space, and a sprawling 2.9-acre lot. The basement includes a workshop, laundry area, and a convenient half bath.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017