50 Plain 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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | Listed by RE/MAX Executive Realty | $499,900 | |
| Listed by RE/MAX Executive Realty | |||
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FIRST TIME ON THE MARKET IN OVER 40 YEARS! OPPORTUNITY ABOUNDS IN THIS WELL-MAINTAINED, ORIGINAL, 3-BEDROOM RANCH HOME IN A GREAT KENNEDY SCHOOL DISTRICT LOCATION! NICE HARDWOODS THROUGHOUT THE LIVING ROOM AND BEDROOMS! ALL THE ROOMS ARE FRESHLY PAINTED. A LARGE-SIZED MUDROOM IS OFF THE KITCHEN THAT LEADS TO THE CARPORT. PLUS A SPACIOUS DRY BASEMENT THAT IS READY TO FINISH AND DOUBLE YOUR LIVING SPACE! CLEAN, NEUTRAL TONES AND READY TO MOVE IN, JUST ADD YOUR PERSONAL TOUCHES! THIS HOME SITS ON AN OVERSIZED CORNER LOT WITH PLENTY OF ROOM FOR BACKYARD ENTERTAINMENT, ADDING A POOL OR EVEN AN ADDITION! SHORT DISTANCE TO ALL COMMUTER ROUTES, TRAINS, SHOPPING, SCHOOLS, AND RECREATION! THIS IS THE ONE YOU DON'T WANT TO MISS! EASY TO SHOW OR STOP BY THE OPEN HOUSES SATURDAY 5/18 AND SUNDAY 5/19 11:30 AM-1:30 PM
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