58 Old Rowley Rd
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 |
|---|---|---|---|
| Apr 23, 2019 | Sold | ||
| Sold | |||
| Aug 30, 2018 | Listed by RE/MAX Village Properties | $118,500 | |
| Listed by RE/MAX Village Properties | |||
| Apr 11, 2011 | Listed by RE/MAX Village Properties | $227,500 | |
| Listed by RE/MAX Village Properties | |||
| Sep 24, 2010 | Listed by RE/MAX Village Properties | $227,500 | |
| Listed by RE/MAX Village Properties | |||
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The 4 bedroom septic system and the well are installed and are included in this fabulous price. The lot has a rough grade and is all set to be worked. Bring your plans, your builder and your dreams to this beautiful westerly facing lot overlooking the ever-changing marsh. Gorgeous views of water, marsh, birds and more from your decks and windows. No builder tie in, no covenants Very quiet country road. Newbury zoning allows for an in-law suite (with restrictions). Thinking "green?"
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| Jun 18, 2010 | Listed by RE/MAX Country Crossroads Realty Assoc. | $227,500 | |
| Listed by RE/MAX Country Crossroads Realty Assoc. | |||
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Wonderful new listing of westerly facing lot with stunning views of marsh and glorious sunsets. Seller is installing a 4 bedroom septic and the well. All you need are your plans and... come-on-down. Very quiet country road, yet quick access to major routes. Newbury zoning allows for an in-law apartment (with restrictions) for single family homes in this area. Build your dream home with an apartment for the relatives.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017