62 Longfellow Road
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 |
|---|---|---|---|
| Apr 19, 2024 | Sold | ||
| Sold | |||
| Mar 14, 2024 | In contract | - | |
| In contract | |||
| Mar 7, 2024 | Listed by Leading Edge Real Estate | $699,000 | |
| Listed by Leading Edge Real Estate | |||
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*SHOWINGS WILL BE AT OH ONLY Sat 3/9 & Sun 3/10 11a-3p & M 3/11 5-6:30* Situated in highly sought-after Birch Meadow area close to 3 area schools, YMCA, athletic fields & Higgins Conservation. Perfect home for 1st-time buyer or down-sizer! This bright, pristine 3 bdrm ranch is deceiving from the outside. Step into the LVRM w/FP that flows into the updated kitchen. Here you can enjoy the ease of meal prep & entertaining. The kitchen opens to a sun-filled DR where you can enjoy meals. From here step onto the deck set up w/tv connection - perfect for relaxing or catching the game! The lower level family room complete with 3/4 bath & wood-burning stove is perfect man cave or getaway. The warmer weather is right around the corner - what better way to enjoy yourself than having your pool to relax & cool off in! Additional highlights: A/C (1st floor only), roof 2017, updated electrical 2016, exterior resided 2005, pool deck 2022. Close to Rte 93, 128, commuter rail & all Reading has to offer!
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| Oct 18, 1989 | Sold | ||
| Sold | |||
| Sep 2, 1987 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017