58 Manchester Terrace
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 |
|---|---|---|---|
| Aug 6, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| May 29, 2024 | Listed by ALLISPOSSIBLE LLC | $229,900 | |
| Listed by ALLISPOSSIBLE LLC | |||
| | |||
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Welcome to this well cared 4 room, 2-bedroom, 1 bath home located on a corner lot in a great neighborhood of Forest Park. Perfect for a buyer who is looking to downsize with little maintenance. A buyer looking to purchase their starter home. This home offers two good size bedrooms with lots of natural sun light, a large living room and a good size eat in kitchen. The full bath has a brand-new handicap shower 2023. Large dry and clean basement. Perfect size to bring your ideas; create a bonus room, with room left for additional living space to do your hearts desires. The separated laundry room with washer and dryer. Large enclosed front porch to sit, relax and enjoy your mornings with a cup coffee. Hardwood floors throughout. Replacement windows & gas furnace 2015, new siding 2017, new water heater 2022, new oversized paved driveway 2022 APO. Beautiful curb appeal. Garage and partially fenced in backyard. Close to East Longmeadow line, golf courses, shops, and other area amenities.
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| Dec 16, 2016 | Sold | ||
| Sold | |||
| Aug 23, 2016 | Listed by Coldwell Banker Residential Brokerage - Longmeadow | $109,900 | |
| Listed by Coldwell Banker Residential Brokerage - Longmeadow | |||
| Jun 12, 1989 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017