58 Roosevelt Ave
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 16, 2021 | Sold | ||
| Sold | |||
| Jun 3, 2021 | Listed by Mulberry Real Estate Group | $234,900 | |
| Listed by Mulberry Real Estate Group | |||
| Sep 6, 2011 | Sold | ||
| Sold | |||
| May 28, 2011 | Listed by ERA M Connie Laplante | $68,765 | |
| Listed by ERA M Connie Laplante | |||
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MULTIPLE OFFERS RECEIVED. DEADLINE FOR HIGHEST AND BEST OFFER IS 6/7/11 @ 5PM, NO EXTENSIONS. CURRENT HIGH OFFER IS $55K. SERIOUSLY?! This is an INCREDIBLE opportunity to renovate to resell or keep it as a rental house. The back of the property abuts Elms College. So much potential at such an UNBELIEVABLE Price!! Make this a summer project and have it rented in the fall. You will know you are at the right house when you see the blue tarp. Not a short sale or bank owned!!
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| May 20, 2011 | Sold | ||
| Sold | |||
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