75 Phillips Common
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 |
|---|---|---|---|
| Jun 27, 2014 | Sold | ||
| Sold | |||
| May 1, 2014 | Listed by Coldwell Banker Residential Brokerage - Andover | $559,000 | |
| Listed by Coldwell Banker Residential Brokerage - Andover | |||
| Aug 11, 2008 | Sold | ||
| Sold | |||
| May 5, 2008 | Listed | $488,000 | |
| Listed | |||
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The location & neighborhood are perfect - walk to Old Center, playground, schools, youth center & easy access to highway. This home has a wonderful open floor plan featuring wood floors on 1st floor, eat-in kitchen w/adjacent fireplaced family room & deck leading to level & usable yard. The 2nd floor has master bedroom w/bath plus large 4th bedroom (or game room) w/skylights & cathedral ceilings. Ready for some updates but at this price you can easily add your own touches!
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| Nov 17, 2000 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017