56 Range Avenue
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%.
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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.
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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 |
|---|---|---|---|
| Jan 8, 2021 | Sold | ||
| Sold | |||
| Oct 29, 2020 | Listed by Littlefield Real Estate, LLC | $399,900 | |
| Listed by Littlefield Real Estate, LLC | |||
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Cute bungalow located on the Peabody line in the Ward One area surrounded by Sluice & Browns Ponds with a large well maintained private backyard. The main floor includes 2 bedrooms, full bath, kitchen, and spacious living room as well as full length northern exposure 3 season room in the front of the house with slider. Downstairs has a finished basement with 3/4 bath. There are hardwood floors throughout although some are covered. The windows were recently replaced and the roof is new. This property has 2 houses on the lot. The second unit is a one room steel building with foundation. Excellent commuter location. #56 is 2 BR, 1 3/4 bath with finished basement. #58 is second building on property for potential use as family expansion with unfinished basement. This unit is currently uninhabitable but could be converted into an office, gym, entertainment space, in-law apartment or rented as a studio. Don't miss out on this rare opportunity.
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| Aug 30, 2002 | Sold | ||
| Sold | |||
| Jun 12, 2002 | Listed by A. James Lynch, Inc. | $239,500 | |
| Listed by A. James Lynch, Inc. | |||
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FULL LENGTH 3-SEASON FRONT PORCH-NEW REPLACEMENT WINDOWS- COMPLETELY REMODELED--HARD WOOD FLOORS-SEPARATE COTTAGE HAS NO HEAT OR HOT WATER (NOT A SEPARATE LEGAL RESIDENCE) AGENTS MUST ACCOMPANY BUYERS TO RECEIVE COMPENSATION
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| Dec 24, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017