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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 |
|---|---|---|---|
| Mar 20, 2026 | Sold | ||
| Sold | |||
| Feb 19, 2026 | In contract | - | |
| In contract | |||
| Feb 10, 2026 | Listed by KW Coastal and Lakes & Mountains Realty/Meredith | $350,000 | |
| Listed by KW Coastal and Lakes & Mountains Realty/Meredith | |||
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Prime investment opportunity in a high-demand commuter location. Situated on a 1.75-acre lot, this Cape-style home has been taken down to the studs and is currently framed for over 2,400 square feet of living space upon completion—an ideal opportunity to maximize future value. The property offers a rare chance to step into a project where the groundwork is already done, allowing investors or savvy buyers to focus on finishes and final execution. Whether you’re looking to flip, renovate and hold, or build instant sweat equity, the scale and layout present strong upside potential. Located in Manchester with quick access to I-93, Route 101, and the Manchester-Boston Regional Airport, this property is perfectly positioned for commuters traveling throughout Southern New Hampshire and into Boston. Large lot, flexible floor plan, and an unbeatable location make this a compelling opportunity in today’s market. A blank canvas with serious upside—bring your vision and unlock the potential.
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| Sep 27, 2024 | Sold | ||
| Sold | |||
| Sep 5, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017