53 Massachusetts Ave
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 12, 2008 | Sold | ||
| Sold | |||
| Apr 8, 2008 | Listed by Minihane Realty Group | $345,000 | |
| Listed by Minihane Realty Group | |||
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An open floor plan gives a spacious feel to this 4 bedroom, 1.5 bath ranch in the desirable Woodvale neighborhood. The kitchen has been recently updated with granite counter tops and ceramic tile floor and features a built in dining table. Open to both the fireplaced livingroom and sunny dining room, it serves as the heart of the home and sets the stage for relaxed family living and entertaining. Much of the .44 acre corner lot is fenced, affording privacy and plenty of space for outdoor fun.
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| Jun 14, 2007 | Sold | ||
| Sold | |||
| Jan 6, 2004 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017