61 Park 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 |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| Apr 15, 2025 | In contract | - | |
| In contract | |||
| Apr 10, 2025 | Listed | $700,000 | |
| Listed | |||
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Lovingly maintained this classic Cape offers comfort, updates, and a location that’s hard to beat. Just around the corner from Bear Hill Golf Club, where Stoneham, Wakefield, and Reading meet, the home offers easy access to major routes, commuter options, and local amenities. Inviting entry into the sunny, fireplaced living room. Updated eat-in kitchen plus a formal dining room. The flexible layout includes a spacious first-floor bedroom and full 1st floor bath. Two large front-to-back upstairs bedrooms upstairs & 2nd floor full bath! A large screened-in porch extends the living space and has been a go-to spot for relaxing and entertaining. The fully fenced backyard features a stone-lined perimeter and a cozy fire pit—an ideal setting for outdoor enjoyment. 1-car under garage, generous basement storage, and three off-street parking spots. Full of charm, care, and thoughtful upgrades—this home is waiting to welcome its new owner! Showings start @ Commuter Open House - Friday 4/11 4-6pm
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| Mar 23, 2006 | Sold | ||
| Sold | |||
| Jan 12, 2006 | Listed | $419,900 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017