51 Fordway
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 1, 2025 | Sold | ||
| Sold | |||
| Nov 3, 2025 | In contract | - | |
| In contract | |||
| Oct 21, 2025 | Listed by William Raveis R.E, The Dolores Person Group LLC | $549,000 | |
| Listed by William Raveis R.E, The Dolores Person Group LLC | |||
| | |||
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Adorable & Affordable! This Ranch-Style Bungalow offers FIRST LEVEL LIVING, TONS OF UPDATES & a COMFORTABLE FLOOR PLAN! Mere minutes from schools, daily shopping amenities & major commuter routes, this chabby-chic home is sure to please today's versatile families seeking flexible living accomodations & a move in ready home. Charming curb appeal is enhanced by a traditional New England farmer's porch while inside, the heart of this home welcomes with a sparkling chef's kitchen garnished by a stunning center island, gorgeous quartz counters & tons of newer cabinets. Trendy lighting & shiny stainless appliances are complimented by a state of the art 8-burner stove complete w/ double ovens & a warming station! This stylish venue extends into a cheerful dining area where a snazzy bistro bar & a cozy family-living room beckon family & friends to mingle & dine. This sprawling main level continues to please with 2 Bedrooms, a main full bath & a huge laundry center! Once upstairs this versatile home offers 2 MORE Bedrooms, a 3/4 bath & a tidy storage cubby. An oversized basement has interior access, tons of storage opportunities & a bulkhead to the back yard. If you need extra spaces to park your RV, boat or company truck, there's plenty of room! This pleasant property is ideally located, offering convenient access to Tuscan Village, Manchester Regional Airport, the Coastal, Lakes, Mountains Regions and...Beyond!
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| Jun 25, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | Price Increased |
$622,000
↑ $23K
(3.8%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017