681 Wareham Street
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 29, 2025 | No longer available | - | |
| No longer available | |||
| Jul 22, 2025 | Withdrawn | - | |
| Withdrawn | |||
| May 29, 2025 | Listed by Keller Williams Realty Colonial Partners | $275,000 | |
| Listed by Keller Williams Realty Colonial Partners | |||
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Great investment opportunity! This general use lot is approved for a 3-bedroom, 2.5-bath single family home as well as a 40x60 three-bay garage, offering plenty of flexibility for residential and business use. Located within a CBD (Cannabis Business District) zoning overlay, this property allows for cannabis-related commercial potential in addition to residential development. The lot is flat and build-ready, with utilities available at the street or nearby. This property offers a unique chance to capitalize on a versatile piece of land in a growing area. Buyer to verify all zoning and use regulations with the local municipality.
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| Jun 20, 2023 | Sold | ||
| Sold | |||
| May 23, 2023 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017