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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 |
|---|---|---|---|
| Jul 9, 2021 | Sold | ||
| Sold | |||
| Mar 10, 2021 | Listed | $555,000 | |
| Listed | |||
| May 12, 2020 | No longer available | - | |
| No longer available | |||
| May 10, 2020 | Price Decreased |
$545,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Apr 25, 2020 | Listed by Keller Williams - Greater Newburyport | $549,900 | |
| Listed by Keller Williams - Greater Newburyport | |||
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Quaint and lovingly cared for, this Saltbox Colonial has 9ft ceilings, central A/C and a beautiful custom kitchen, with Corian counters and stainless steel appliances that opens up to a cozy sunroom and family room. The second floor has a master suite and another full bath with 3 bedrooms. Complete renovation throughout in 2005. The 3rd floor has a large bonus - finished room not included in the sq footage. Nestled in a picturesque New England town, this property has the charm and personality that exudes the New England style. The manager has listed the unit size as 1736 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017