620 Prospect 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 29, 2021 | Sold | ||
| Sold | |||
| Jun 7, 2021 | Listed by T.A. Sullivan Agency Inc. | $589,000 | |
| Listed by T.A. Sullivan Agency Inc. | |||
| Aug 27, 2020 | Sold | ||
| Sold | |||
| Aug 23, 2019 | Listed by T.A. Sullivan Agency Inc. | $299,900 | |
| Listed by T.A. Sullivan Agency Inc. | |||
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Contractor's and motivated buyer's take notice. Sprawling 10 room 4 or 5 bedroom historic colonial in much desired Methuen neighborhood that comes with a BUILDABLE LOT BEHIND IT. Exterior of home and garage are both in good shape but interior needs to be gutted and rehabbed. Restore this historic home and build another on the lot behind it. Right around the corner from shopping at The Loop, Rte 213 connector to Routes 495 and 93 .
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| May 31, 2018 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017