52 New 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 |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Sep 21, 2024 | In contract | - | |
| In contract | |||
| Sep 11, 2024 | Listed by The Mello Group, Inc. | $299,900 | |
| Listed by The Mello Group, Inc. | |||
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Here is your opportunity to own or invest in a home in Rehoboth, MA! This vintage home has 2 bedrooms, 1 bath, a kitchen, living room, and dining room with a cozy layout and great foundation for updates. Most of the floors are hardwood, just waiting for you to refinish them and bring them to their full potential. Windows are replacement and the roof was redone in 2004. The septic system was also done in 2004 and we have the Title V approval in hand. The home is at the corner of Route 44 and New Street giving residents easy access to area schools and amenities and places like Boston, Providence, Taunton, and Worcester. This home is ideal for a handy homeowner looking to make it their own, or an investor. Bring your vision and sweat equity and you will soon be saying Welcome, Home! Call for a showing or join us for an upcoming Open House. This will not last!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017