9 Balsam Drive
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 |
|---|---|---|---|
| Jul 26, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | Listed by Keller Williams Realty Boston Northwest | $1,475,000 | |
| Listed by Keller Williams Realty Boston Northwest | |||
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This expansive farmhouse colonial embodies New England charm. It combines traditional elegance with modern convenience. The first floor includes a beautiful kitchen with stainless appliances and a center island. An adjacent breakfast area offers views of the backyard and access to the deck. The front-to-back living room is a comfortable place to gather with the warmth of a wood-burning fireplace. Post and Beam ceilings and hardwood floors are someof the details that make this home pop. Upstairs, the main bedroom features vaulted ceilings, an en-suite bath, a walk-in closet, and access to a third-floor loft. Additional space to entertain can be found in the great room. Sitting on just under an acre of landscaped land, this property boasts curb appeal with its timeless farmer’s porch. The backyard is a private oasis with a deck and an inground pool. Nestled in a desirable neighborhood, 9 Balsam Drive is a must-see property.
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| May 7, 1993 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017