542 South Street
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 1, 2024 | Sold | ||
| Sold | |||
| Jun 27, 2024 | In contract | - | |
| In contract | |||
| Jun 1, 2024 | Listed by KW Pinnacle Central | $549,900 | |
| Listed by KW Pinnacle Central | |||
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This beautiful NEW CONSTRUCTION raised ranch set on an R-80 lot near Barre Center is ALMOST COMPLETE! This is a terrific opportunity to own a brand new home with flexible living space. The main level is approximately 1,450 sqft, and includes 3 bedrooms, 2 full baths, and open-concept living area. The bright and airy kitchen/dining space features a kitchen island, white shaker style cabinets, and granite countertops. The main level living room features hardwood flooring, and a propane fireplace. The lower level features an accessory dwelling unit complete with kitchen, bathroom, laundry hook ups, and a sizable bedroom/living area. The home also features central air, a two car garage with oversized doors, and a 14' x 14' composite deck overlooking the open backyard. Plenty of space for gardens, and perfect for outdoor entertaining. Estimated completion date: end of July.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017