816 Main 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 |
|---|---|---|---|
| Jun 21, 2019 | Sold | ||
| Sold | |||
| Dec 29, 2017 | Sold | ||
| Sold | |||
| Nov 13, 2017 | Listed by Coldwell Banker Residential Brokerage - Lynnfield | $569,900 | |
| Listed by Coldwell Banker Residential Brokerage - Lynnfield | |||
| Jun 27, 2013 | Sold | ||
| Sold | |||
| Jul 17, 2012 | Listed by Century 21 North East | $450,000 | |
| Listed by Century 21 North East | |||
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This is an older home close to 128. Features a large level lot (1.26 acres) enclosed with large bushes for privacy. Septic system replaced in 2008 to accomodate a three bedroom home. New heating system as well as electrical wiring with 220 service. Has patio off kitchen. Can keep house or build what you want. Price has been changed to $450,000. This property is well worth seeing. Call for an appointment
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017