0 Broadway (Lot 68)
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 |
|---|---|---|---|
| Oct 7, 2024 | Sold | ||
| Sold | |||
| Sep 4, 2024 | Listed by Century 21 North East | $349,900 | |
| Listed by Century 21 North East | |||
| Aug 24, 2024 | No longer available | - | |
| No longer available | |||
| Jun 24, 2024 | Listed by Century 21 North East | $459,000 | |
| Listed by Century 21 North East | |||
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ATTENTION INVESTORS AND DEVELOPERS! Buildable Lot! Approved plans for 2 units! Each unit is on three levels with garage under and consisting of 6 rooms, 3 bedrooms, 1.5 baths! Building permit in hand! Great opportunity in central Revere location. This property is located directly on the bus line, just 1.7 miles from America's first public beach (Revere Beach), less than 1.5 miles to Blue Line T station, 4 miles to Encore Casino, 4 miles Logan Int'l Airport and easy access to major highways. The lot is currently empty so take a drive by to check out your dream project. Seller financing available.
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| Jun 2, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017