60 Florence St
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 |
|---|---|---|---|
| Dec 22, 2023 | Sold | ||
| Sold | |||
| Nov 20, 2023 | In contract | - | |
| In contract | |||
| Nov 15, 2023 | Listed by Coldwell Banker Realty - Chelmsford | $699,900 | |
| Listed by Coldwell Banker Realty - Chelmsford | |||
| | |||
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**OPEN HOUSES CANCELLED DUE TO ACCEPTED OFFER - 60 Florence St is a fantastic 4 bed, 2.5 bath home. The large, updated kitchen is the heart of this special home, w/ granite counters, white cabinets, stainless appliances, large center island & space for a dining table. The 1st floor has a great flow for entertaining. Lots of flexible living spaces- living room, heated sunroom (could work well as an office) & an additional family room. The first-floor primary suite allows for single-level living-- if you have been looking for a ranch style home, this could work for you! The primary features a large walk-in closet & a ¾ bath w/ attached laundry room- how convenient! Upstairs are 3 additional bedrooms, a full bath & lots of storage space. The well-manicured yard is fenced w/ a patio & wraparound deck. Two driveways, 2-car garage, central AC, walk-out basement, tons of closet space, solar panels w/ backup generator that provide substantial cost savings…this home checks all of the boxes!
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| Nov 2, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 18, 2023 | Price Decreased |
$745,000
↓ $35K
(4.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017