611 Wareham 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 |
|---|---|---|---|
| Jul 11, 2014 | Sold | ||
| Sold | |||
| May 3, 2013 | Listed by Brownstone Realty Group | $230,000 | |
| Listed by Brownstone Realty Group | |||
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This nicely updated 3 bedroom cottage is sitting on 1.2 acres and features a huge garage with plenty space to park your equipment or toys. House has newer roof, windows, and siding. Nice large deck with jacuzzi would be great for entertaining and cookouts. Garage has large second level that could be finished for extra living space.This would make a great property for car collector, contractor, electrician, plumber, paver, or home based business. Zoned "GU".Subject to Lender Approval-Short Sale
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| Dec 1, 2006 | Sold | ||
| Sold | |||
| Mar 30, 2006 | Listed by EXIT Realty Consultants | $379,900 | |
| Listed by EXIT Realty Consultants | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017