642 Main Rd
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 |
|---|---|---|---|
| Aug 20, 2014 | Sold | ||
| Sold | |||
| Jan 6, 2014 | Listed by Molyneux Realty | $99,000 | |
| Listed by Molyneux Realty | |||
| Jun 2, 2010 | Listed by Molyneux Realty | $189,000 | |
| Listed by Molyneux Realty | |||
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This is an old New England Homestead with an accessible large parcel of land right across the road from the East Branch of the Westfield River. The Chesterfield Gorge is just down the road. This home offers a nice Post and Beam frame, stone foundation with an attached barn complex all in fairly good condition. The house needs renovation and repair but it is a managabel size making it easier to work with. The large lot with considerable frontage adds to the protection and or division potential.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017