62 Florence Street
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 |
|---|---|---|---|
| Jun 27, 2022 | Sold | ||
| Sold | |||
| Apr 20, 2022 | Listed by Leading Edge Real Estate | $849,900 | |
| Listed by Leading Edge Real Estate | |||
| Apr 29, 2011 | Sold | ||
| Sold | |||
| Feb 20, 2010 | Listed by Madelyn Garcia Real Estate | $349,899 | |
| Listed by Madelyn Garcia Real Estate | |||
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Charming Melrose Colonial! Bright hardwood floors throughout! First floor features large foyer with chandelier, spacious living room, fireplaced dining room, 3/4 bath and large, eat-in kitchen with sliding glass doors to back porch! 2nd floor has 2 BR's + study (used as baby's room) and remodeled full bathroom! Third floor can be used as either large bedroom or home office! Hard to find 2 car garage with large workshop above! Fenced in backyard on a fantastic quiet street. A MUST SEE!!
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| May 26, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017