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580 Western 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 |
|---|---|---|---|
| Jun 1, 2011 | Sold | ||
| Sold | |||
| Mar 16, 2011 | Listed by Coldwell Banker Realty - Gloucester | $299,000 | |
| Listed by Coldwell Banker Realty - Gloucester | |||
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This is a great oportunity for single family living or home sweet home with room for the inlaws, teen suite or lots of play area for the kitd. Well maintained raised ranch with open floor plan, hardwood floors, sunken family room, and large yard in convenient location..Title 5 in hand and ready to go...
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| Aug 31, 2010 | Listed by MACK Realty Group | $299,000 | |
| Listed by MACK Realty Group | |||
| May 10, 2010 | Listed by MACK Realty Group | $299,000 | |
| Listed by MACK Realty Group | |||
| | |||
|
This is a great oportunity for single family living or home sweet home with room for the inlaws, teen suite or lots of play area for the kitd. Well maintained raised ranch with open floor plan, hardwood floors, sunken family room, and large yard in convenient location..Title 5 in hand and ready to go...
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| Apr 19, 2010 | Listed by MACK Realty Group | $319,900 | |
| Listed by MACK Realty Group | |||
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Nice opportunity to live with the help of extra income, enjoy the luxury of living in one of the most desirable areas on Cape Ann, Magnolia Village. Nice split with apt in lower level convenient to lots of attractive locations. Spacious lot, owners unit with open floor plan overlooking sunken family room leading to deck. All appliances to remain as gifts. Don't wait till it is too late. Great for extended family, inlaws or teenage suite..
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017