61 Converse 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 |
|---|---|---|---|
| Aug 23, 2017 | Sold | ||
| Sold | |||
| Jun 1, 2017 | Listed by Boardwalk Real Estate | $724,900 | |
| Listed by Boardwalk Real Estate | |||
| May 29, 2015 | Sold | ||
| Sold | |||
| Mar 19, 2015 | Listed by Boardwalk Real Estate | $549,000 | |
| Listed by Boardwalk Real Estate | |||
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Need Space? This 11 Room 5 bedroom Colonial has it ! 3500 sq. feet of living area! Build some sweat equity and bring this diamond in the rough back to her potential! Fireplaced livingroom. Huge first floor familyroom addition (2001) with cathedral ceiling and skylight. Nice open floor plan from kitchen and dining room area. 20 x 16 deck off rear. Lower level has large finished playroom with walkout. Located in the heart of Wakefield's Westside.Freshly painted interior and refinished hardwood floors. This home needs some updates, particularly kitchen and baths and windows (except in newer addition), but super potential for the handy person, contractor, or the large family or extended family who need the room. How about you home flippers? This house would have a market value of close to $700,000 renovated! Best value per square foot around. Convenient to commuter rail to Boston and Rtes. 93 and 128. There is Municipal Gas service available in street.
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| Jul 19, 1996 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017