51 Nelson 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 |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| Jul 15, 2024 | In contract | - | |
| In contract | |||
| Jul 9, 2024 | Listed by Keller Williams Elite | $699,900 | |
| Listed by Keller Williams Elite | |||
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Beautiful turn-key home in E. Braintree! This 3 bed, 2 bath residence boasts 1,848 sq. ft. of modern living space. The kitchen and bathrooms are fully updated with contemporary finishes. Relax on the deck overlooking a sparkling inground pool and resort like patio. The lower level features a family suite or potential in-law setup, perfect for multi-generational living. Enjoy summer days in the cabana with a bar by the pool. Located in a great neighborhood, this home offers ample off-street parking. Don't miss out on this exceptional opportunity! Showings begin with Open House on Thursday 7/11 from 5:30 to 7:00 PM and Saturday 7/13 11AM to 1PM****OFFERS DUE Sunday 7/14 2:00 PM****
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| May 22, 1998 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017