651 Varnum Ave
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 |
|---|---|---|---|
| Nov 15, 2016 | Sold | ||
| Sold | |||
| May 31, 2016 | Listed by The American Dream Real Estate | $309,900 | |
| Listed by The American Dream Real Estate | |||
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Once used as a former 2-family home, this Colonial home features 10 rooms, 6 bedrooms and 2 baths on a rather large 10,041 sq. ft. lot in Pawtucketville. Some recent improvements include new tiled bath, new vinyl siding, new windows and decks and railings on the covered decks. Most rooms in the home have wood parquet flooring.
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| Sep 30, 2015 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017