9 Edgehill Place
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 30, 2021 | Sold | ||
| Sold | |||
| Jun 10, 2021 | Listed by 5 College REALTORS® | $299,000 | |
| Listed by 5 College REALTORS® | |||
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Turnkey investment opportunity with strong rental history. The property is currently rented for $2600 a month through May of 2022 and is being sold with the recently renewed lease staying in place. It is a raised ranch in a cul-de-sac neighborhood close to public transportation and UMass. It offers a nice yard, with a newer roof and two year old vinyl siding keeping maintenance to a minimum. The first floor of this raised ranch offers two bedrooms and a full bath. The finished lower level has an additional three rooms and a full bathroom. A rear deck completes this appealing home.
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| Aug 18, 2005 | Sold | ||
| Sold | |||
| Jul 1, 2005 | Listed by Realty World Sawicki | $249,900 | |
| Listed by Realty World Sawicki | |||
| Jul 1, 1999 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017