88 Flagler Drive
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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%.
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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 |
|---|---|---|---|
| May 30, 2019 | Sold | ||
| Sold | |||
| Feb 28, 2018 | Listed by Coldwell Banker Realty - Worcester | $492,500 | |
| Listed by Coldwell Banker Realty - Worcester | |||
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4 - 5 bedroom colonial, Walk to library, center of town, stores, restaurants, grammar school & high school. Flat, private yard. 1st floor: cabinet packed eat-in kitchen w/granite counters, island & stainless steel appliances, large family room leading to a three season sunroom. Dining room, den/office & family room have hardwood floors. 2nd floor offers 4 good size bedrooms, two full baths & laundry room. Master bath has walk in closet & master bath. 3rd floor has an open floor plan with a full bath & cozy area for a bed...great for overnight guests, older children. in-law, inlaw, au pair. Storage shed has electricity & wired for generator. Irrigation system, central air, walk in storage area off the master bedroom. 1sr floor den/office could easily become 1st floor bedroom. Closets galore.
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| Jan 13, 1997 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017