86 Park Ave
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 |
|---|---|---|---|
| Aug 20, 2024 | Sold | ||
| Sold | |||
| Jul 17, 2024 | In contract | - | |
| In contract | |||
| Jul 11, 2024 | Listed by Keller Williams Realty | $1,675,000 | |
| Listed by Keller Williams Realty | |||
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This house has provenance! Leonard Bernstein's father had this home built on one of the most beautiful streets in Newton. This is a generously sized classic colonial. Enter the foyer and walk to the right to the living room which leads to the formal dining room and out to a screened in porch through the french door. Around to the generously sized kitchen with lots of granite counters and wood cabinets. A fifth room & full bath are perfect for an in-law, guest, 2nd office or nanny. Back around the hall to the gumwood paneled office with built in bookcases on one wall. The 2nd level includes 4 bedrooms including the primary suite with walk-in closet and full bath. The walk-up attic adds to the abundant storage in the home. The basement can be used as a recreation area for the family plus storage. This is a great commuter location no matter where you travel. Easy access to Mass Pike and the express bus to the city.
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| Apr 8, 2016 | Sold | ||
| Sold | |||
| Sep 16, 2015 | Listed by Keller Williams Realty | $1,200,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017