59 Middlesex 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 |
|---|---|---|---|
| Oct 17, 2024 | Sold | ||
| Sold | |||
| Sep 11, 2024 | In contract | - | |
| In contract | |||
| Jul 17, 2024 | Listed by Re/Max Innovative Properties | $779,900 | |
| Listed by Re/Max Innovative Properties | |||
| | |||
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Elegant, updated, charming, well maintained home on a great lot with a rare In-town location! This home boasts a contemporary sun splashed kitchen with updated cabinets/counter tops, cathedral ceiling, tile backsplash, skylights, and stainless steel appliances, new fully renovated bathroom on the second floor, gorgeous newly re-done hardwood floors throughout the character filled living/dining rooms, family room above the two car garage with it's own updated full bath that allows for the space to spread out and make your own, good sized primary bedroom with circular windows, walk up attic for extra storage space or possibility to expand, newer hot water tank, refrigerator, and bulk head, tons of natural light, central air, and so much more! Enjoy your private, fenced in back yard on your new patio that is perfect for all your Summer activities! Ideal setting that is close to the Wilmington train station, highways, shops/restaurants, and everything else Wilmington has to offer!
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| Apr 26, 2021 | Sold | ||
| Sold | |||
| Mar 3, 2021 | Listed by Re/Max Innovative Properties | $629,900 | |
| Listed by Re/Max Innovative Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017