70 Otis 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 24, 2025 | Sold | ||
| Sold | |||
| Jun 11, 2025 | In contract | - | |
| In contract | |||
| Jun 2, 2025 | Price Decreased |
$619,900
↓ $25K
(3.9%) | |
| Price Decreased | |||
| May 18, 2025 | Price Decreased |
$644,900
↓ $15K
(2.3%) | |
| Price Decreased | |||
| Apr 29, 2025 | Listed | $659,900 | |
| Listed | |||
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Ready for New Owners! Super Spacious and Affordable for the desired Town of Mansfield.Over the last 5 years New Wood Floors on 2nd level.New Engineered flooring throughout the 1st floor & finished lower level flex space.New Windows throughout the house.New 40 gal. water heater.New Kitchen; Cabinetry, Cambria Countertops,Gas Stove,& Fridge 2 Full Baths: New Shower unit & flooring in 2nd floor full bathroom.Updated the 1st floor full bathroom with new tub surround and toilet.Roof 10 year young.This Cape w/a full shed dormer allows for 2 front to back bedrooms. A 3rd bedroom is off the primary for a home office, nursery or exercise room. Or kids dorm - it's huge! Wood burning fireplace in the living room, spacious dining room for special celebrations, 15X18 family room big enough for two sectionals! Freshly painted exterior of the house.Fabulous deck and fenced in rear yard.Organic raised garden bed ready for planting.Gas heat&cooking.Get to know 02048! https://www.mansfieldma250.com
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017