647 Main 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 |
|---|---|---|---|
| Dec 12, 2018 | Sold | ||
| Sold | |||
| Sep 19, 2018 | Listed by Capital Gains Realty, Inc. | $499,000 | |
| Listed by Capital Gains Realty, Inc. | |||
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Opportunity awaits! Lovingly maintained Colonial situated in the heart of Watertown! Character and charm evident throughout. Sun filled living room features a wood burning fireplace and opens to the dining room perfect for entertaining! Kitchen boasts ample cabinet and countertop space with convenient access to half bath and first floor laundry! Completing the first floor is a sun porch/sitting room. Level two is complete with two spacious bedrooms with hardwood floors. Bonus room could be used as an office or additional bedroom, offering access to walk-up attic. Sitting room on level 2 glows with lots of natural light and provides additional living space! Large basement includes direct access to the garage along with separate workshop room. Plenty of storage space throughout! Beautifully landscaped yard offers a patio area and various flowers and shrubs. Just minutes from restaurants, shops & Watertown Square!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017