524 Main 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 |
|---|---|---|---|
| Mar 31, 2020 | Sold | ||
| Sold | |||
| Feb 6, 2017 | Sold | ||
| Sold | |||
| Aug 15, 2016 | Listed by Coldwell Banker Realty - Waltham | $229,900 | |
| Listed by Coldwell Banker Realty - Waltham | |||
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This home, though dated seems to be very solid and with some updating could be a great condo alternative. The rooms are spacious, there are hardwoods and a fireplaced living room. The lot is flat in the rear and has seen many vegetable gardens over the years. The property is also zoned M6-Light Industrial and the house would make a great office space with plenty of parking. Buyers to do their due diligence for permitting. The property is being sold "As Is".
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017