55 Clements Rd
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 20, 2023 | Sold | ||
| Sold | |||
| Feb 5, 2023 | In contract | - | |
| In contract | |||
| Feb 1, 2023 | Listed by Hammond Residential Real Estate | $2,599,000 | |
| Listed by Hammond Residential Real Estate | |||
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This majestic Tudor-style residence has been extensively gut renovated and is stylish and chic. The main level features an elegant foyer leading to a large sunken living room with a gas fireplace, beautiful molding, beam ceiling, and access to a den with a door to a covered patio. The gracious dining room with a stained glass window opens to a renovated custom kitchen well-equipped with top-of-the-line appliances, handsome cabinetry, stone countertops, two dishwashers, island, pantry, and eat-in area overlooking the fenced-in level beautiful backyard with mature plantings. A lavatory completes this level. The second level has a primary bedroom suite with a renovated bathroom, built-ins, and storage; three other bedrooms; another renovated bathroom; and a bright office with French doors. The lower level has a family room, gym, and access to the two-car garage. Hardwood floors, high ceilings, updated AC and gas systems. Near the Ward School, Newton Centre and major routes.
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| Jun 23, 2022 | Sold | ||
| Sold | |||
| May 19, 2022 | Listed by Hammond Residential Real Estate | $2,180,000 | |
| Listed by Hammond Residential Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017