56 Ballantyne Brae
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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 |
|---|---|---|---|
| Oct 31, 2025 | Sold | ||
| Sold | |||
| Aug 1, 2025 | In contract | - | |
| In contract | |||
| Jul 22, 2025 | Price Decreased |
$244,900
↓ $10K
(3.9%) | |
| Price Decreased | |||
| Jul 10, 2025 | Price Decreased |
$254,900
↓ $20K
(7.3%) | |
| Price Decreased | |||
| Jun 19, 2025 | Listed by Move Real Estate | $274,900 | |
| Listed by Move Real Estate | |||
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Welcome to this beautifully maintained 3-bedroom, 1.5-bathroom home offering over 1,700 square feet of comfortable living space in one of Utica’s most convenient neighborhoods. Ideally situated right next to John F. Hughes Elementary School and just behind the St. Elizabeth College of Nursing, this home combines everyday convenience with a quiet residential feel. Step inside to find a spacious layout featuring a bright and inviting living room, a formal dining area, and a well-appointed kitchen with ample cabinet space. The finished basement adds versatile bonus living space—perfect for a home office or recreation room. Upstairs, you'll find three generously sized bedrooms with plenty of closet space, and a full bathroom with a half bath on the first floor for added convenience. There is also a large open attic, which is perfect for extra storage space. Whether you're a growing family or a first-time buyer, this home offers space, location, and value all in one!
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Data Source: NYSAMLSs, MLS# S1414030
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017