98 Newell Road
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 23, 2023 | Sold | ||
| Sold | |||
| May 17, 2023 | In contract | - | |
| In contract | |||
| May 11, 2023 | Listed by Keller Williams Realty Boston Northwest | $768,000 | |
| Listed by Keller Williams Realty Boston Northwest | |||
| | |||
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This Colonial with tons of updates, a high-end custom kitchen, five bedrooms, three full and one half bathrooms, finished basement, an oversize three car garage, and a large fenced-in yard is a wonderful place to call home! The open concept custom kitchen with Brazilian River Rock granite, professional stainless-steel appliances, and a large island with built-in microwave and seating is the heart of the home. Walk-in pantry, dining room with fireplace, living room, family room, sunroom, hot tub room, half bathroom, mudroom, and a three car garage complete the main level. Upstairs you will find the primary suite with a full bathroom and walk-in closet, four more bedrooms, two more full bathrooms, laundry, and access to the walk-up attic for storage or possible future expansion. The basement includes a bonus room with bar, office, workshop, and storage rooms. The composite deck provides ample space to entertain and the custom shed provides outdoor storage. Easy access to I-190 and I-290!
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| Nov 8, 2022 | Withdrawn | - | |
| Withdrawn | |||
| Oct 24, 2022 | Price Decreased |
$825,000
↓ $50K
(5.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017