56 Amherst 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 |
|---|---|---|---|
| Jul 31, 2018 | Sold | ||
| Sold | |||
| May 14, 2018 | Listed by Greater Investments | $240,000 | |
| Listed by Greater Investments | |||
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Updated 2 bedroom ranch in South Lawrence neighborhood close to Routes 93 and 495. Priced to compete with a condo but a value of a single family. Great first home or down sizer. Very good condition and seller is ready to go.
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| Dec 10, 2010 | Sold | ||
| Sold | |||
| Aug 12, 2010 | Listed by RE/MAX Andrew Realty Services | $135,000 | |
| Listed by RE/MAX Andrew Realty Services | |||
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ALL OFFERS WILL BE CONSIDERED! Condo alternative. 2 bedroom ranch in desirable South Lawrence neighborhood. Fully applianced eat-in kitchen, enormous living room, private flat back yard. New heating system in 2007, young architectural roof, easy access to Routes 93 and 495, near Community Boating Program and Mount Vernon Park. Seller to provide 1 year home warranty to buyer!
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| Apr 9, 2010 | Listed by Silva Associates Real Estate | $149,000 | |
| Listed by Silva Associates Real Estate | |||
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