1
Map
490 Main Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 12, 2021 | Sold | ||
| Sold | |||
| Apr 14, 2021 | Listed by ERA Andrew Realty | $499,000 | |
| Listed by ERA Andrew Realty | |||
| Nov 10, 2011 | Sold | ||
| Sold | |||
| Aug 16, 2011 | Listed by Lyv Realty | $299,000 | |
| Listed by Lyv Realty | |||
| | |||
|
Beautiful Saugus Home on Wakefield/Melrose Line w/Lower Tax Rate. Two Bedroom w/New Heating System,Updated Kitchen w/GardenWindows that look out to a deck perfect for your morning coffee.X-Lg Jacuzzi Bathroom,CathedralCeilings,RecessedLights,HardwoodFloors.DiningRoom w/Fireplace Adjacent to Kitchen&Sunk-inLivingRoom.MasterBedroom w/VaultedCeiling & DoubleClosets.Oversized 2ndBedroom w/lg.Closet.Full partially FinishedBasement w/separateHeatZone,would make for AdditionalLivingSpace..Must See..
| |||
| Mar 15, 2011 | Listed by ERA Andrew Realty | $314,900 | |
| Listed by ERA Andrew Realty | |||
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017