56 Venice Road
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 |
|---|---|---|---|
| Dec 8, 2023 | Sold | ||
| Sold | |||
| Oct 10, 2023 | In contract | - | |
| In contract | |||
| Oct 4, 2023 | Listed by Berkshire Hathaway HomeServices Verani Realty Methuen | $679,900 | |
| Listed by Berkshire Hathaway HomeServices Verani Realty Methuen | |||
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Welcome home! New construction home in a neighborhood setting is weeks away from completion. Offering a one car garage, plenty of off street parking and a nice sized corner lot. Privacy in the front and side with mature woods. Home has an office on the main level and large utility room perfect for storage or to potentially be finished. Up one level has a kitchen, dining room, family room with fireplace, half bath and laundry. Nice sized, 11x12 deck overlooks the lot with stairs down to the grass. Upstairs offers a front to back primary suite with walk in closet and private bath. Two bedrooms and a main bath finish the top level. White cabinets with subway tile backsplash and stainless steel microwave, range and dishwasher are on order. Potential to pick granite. Microwave vents outside.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017