70-73R Ballard 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 |
|---|---|---|---|
| Jul 16, 2021 | Sold | ||
| Sold | |||
| Feb 23, 2021 | Listed by RE/MAX 360 | $1,200,000 | |
| Listed by RE/MAX 360 | |||
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Amazing plot for sale of 24,200 sqft on the Saugus river and contains 2 three bedroom houses, 2 two bedroom houses and 1 one bedroom house. Two of the houses contain tenants that are TAW. Zoned R1 with a waterfront overlay district that allows for mixed use development potential ranging from side by side town houses to commercial condos with residential above. Located in an area with quick access to Wonderland Station and Boston.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017