58 Cleveland 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%.
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, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $510,000 | |
| Listed | |||
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A classy, meticulously maintained split level raised ranch with custom renovations tucked away right off Rte.1. This four bedroom with 2 living rooms, 2 full renovated baths and great storage space is in move in condition. A modern wood staircase entrance leads you to a light-filled, open floor plan on the first floor with hardwood floors throughout and cathedral ceilings in the common living areas. A skylight graces the granite top kitchen with island. Enjoy your meals on a beautiful large deck accessible directly from the dining room through the sliders. The multi-level private backyard with its concrete patio is perfect for entertaining. The garden enthusiast will enjoy the full sprinkler system and side garden area. Expanded four car driveway. Fantastic location just minutes to Rte 1 and near all shopping needs, schools and interchanges. A must see!The manager has listed the unit size as 2055 square feet.
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| Jun 7, 2017 | Listed by Keller Williams Realty Boston-Metro | Back Bay | $510,000 | |
| Listed by Keller Williams Realty Boston-Metro | Back Bay | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017