74 Argilla Road
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 |
|---|---|---|---|
| Jan 15, 2021 | Sold | ||
| Sold | |||
| Nov 6, 2020 | Listed by Windhill Realty, LLC | $895,000 | |
| Listed by Windhill Realty, LLC | |||
| Jul 28, 2017 | Sold | ||
| Sold | |||
| Feb 15, 2017 | Listed by Keller Williams Realty Evolution | $350,000 | |
| Listed by Keller Williams Realty Evolution | |||
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2-3 bdrm Ranch style home set on almost 2 acres of sloping land taking full advantage of winter pastoral views across the street. Considered a double lot at one time. Home has beautiful southern exposure and is just under 4 miles from famous Crane Beach and 1 mile from downtown Ipswich to commuter rail/shops/award winning restaurants and great schools. Use this lot to rebuild a beautiful home with stone entrance in place already which is among other beautiful homes in the area. Home has failed Title V. BUYER will be responsible for full replacement costs.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017